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This updated move-in ready home features a 3-bedroom, 2-bathroom split-plan layout in the 55+ Palm Cay community of single-family residences in Ocala, FL. The community offers a 24-hour guarded gate and has a low HOA fee.
Meticulously maintained, this home includes a new roof (2024), an upgraded 200-amp breaker panel (2022), new siding over 1/4” insulation (2023), a new garage entry door (2023), and a new front door and laundry room window (2023). The water heater is just two years old, and the home has new quality 6-panel doors and windows throughout.
The living room features cathedral ceilings and a beautiful box bay window, maximizing space and natural light to create a spacious feel. The completely remodeled kitchen also has cathedral ceilings and includes all-new soft-close cabinetry, granite countertops, a tiled backsplash, and a stainless steel sink. The renovated bathrooms consist of a master bathroom with a walk-in shower and a second bathroom with a tub.
Thhis home has a 20’ x 20’ two-car garage that includes a sturdy garage door, a new entry door, and a new window. The 10’ x 18’ lanai, conveniently located off the kitchen/dining area, features a newer slider with slide-close windows, making it a peaceful spot for relaxation or entertaining guests. The spacious laundry room includes a storage closet and comes with a washer and dryer.
Community amenities include a large clubhouse with a library, billiards room, card room, arts and crafts room, and a catering kitchen. Residents can enjoy an outdoor pool, perfect for soaking up the Florida sunshine. This home is conveniently located in Southwest Ocala, just a short distance from shopping, restaurants, the World Equestrian Center, VA hospitals, and other healthcare facilities. Golf carts are permitted, and RV/boat storage may be available for a monthly fee. The property is minutes from I-75, one hour from Gainesville, and one and a half hours from Disney.
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Our Executive Mortgage Banker:
Our Insurance Division:
$219,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $175,920 | $175,920 | $175,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $201 | $201 | $201 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,126 | $1,169 | $1,473 |
Total Monthly Payment | $1,402 | $1,445 | $1,749 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.