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CAR ENTHUSIASTS!! Spacious Ocala Home with In-Law Suite, Workshops & Pool on 2. 5 Acres! Discover this unique property close to everything Ocala. This home is ready for renovation and some demo has been started. This 5 bedroom 4 bath house features a HUGE great room that opens to an in-ground screened pool. A Fire Pit completes this backyard; just waiting for you to entertain your guests. The primary bedroom is oversized and located on the second floor with 2 other bedrooms and a second bath. A private primary bathroom that over looks the great room with large French doors leading to a cat walk. This is a distinctive architectural touch that allows you to feel like royalty. There is a fourth bedroom with a 1/2 bath that also has pool access. A bonus room right off the driveway can be a home office or a bedroom. In door laundry right off the kitchen. A detached MOVE-IN ready 1 bed 1 bath in-law suite provides extra living space. Could be for out of town guests, or additional income like an airbandb. In addition to the living space there is also 1 workshop 1500 sq ft with bay doors, 3 ton A/C Unit, air compressor, and blown in insulation. A 2nd workshop of 1800 Sq ft with 5 Ton A/C Unit, blown insulation, 1/2 bathroom, storage room. Did I mention the A-1 zoning allows for chickens. So this property comes with the perfect little red chicken house with running water to the site. You can embrace a little bit of country right in town. There is so much more to see. Don't miss the opportunity to create your dream space!
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Our Executive Mortgage Banker:
Our Insurance Division:
$690,000
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 | $552,000 | $552,000 | $552,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $839 | $839 | $839 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,444 | $3,626 | $4,621 |
Total Monthly Payment | $4,375 | $4,557 | $5,552 |
* 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.