Ideal site for your business. Multi-family potential with current land use for 18 units per acre. ~675 feet frontage on W Anthony Road with 441 Visibility. This property is located 1. 5 miles North of Ocala Downtown. Ocala was named the 5th fastest growing city in 2020 by US News & World Report and the county has approved over 53, 000 housing units in the last 5 years. Growth is expected to continue increasing. Zoned B4 Commercial which allows for a large variety of uses. This property has land use for 18 units per acre multifamily and fronts on W Anthony Road at the split of US HWY 441. Also available is ~31 adjacent acres to to the East - MLS#OM652944. This property is located on major thoroughfare US HWY 441 via the signalized intersection on NW 28th St and 441. Immediately nearby amenities include Walgreens, CVS, Harvey’s Supermarket, McDonald’s, Dunkin Donuts, Wendy’s, Burger King, Taco Bell, Subway, Circle K, Family Dollar, Take 5 Oil Change, and Vanguard Highschool. Inquire today!
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $888,000 | $888,000 | $888,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.727% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,324 | $5,686 | $7,675 |
Total Monthly Payment | $5,449 | $5,811 | $7,800 |
* 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.