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Prime Residential Lot in Marion Oaks – Ideal for Investors, Builders, or Dream Home Seekers
-Location: Marion Oaks, Marion County, FL
- Size: 0. 23 acres
- Zoning: R-1 (Single-Family Residential)
- Access: Paved Road Frontage
Discover the perfect canvas for your next project or personal sanctuary in the heart of Marion Oaks. This 0. 23-acre parcel, zoned R-1, offers a unique opportunity for investors, builders, or individuals aspiring to construct their dream home from scratch.
* Why Invest in Marion Oaks?
Strategic Growth: Marion Oaks is experiencing significant residential development, attracting both families and professionals seeking quality living spaces.
Infrastructure Enhancements: The area has recently benefited from infrastructure investments, including the introduction of ultrafast fiber-optic internet by Metronet, enhancing connectivity for residents and businesses alike.
Retail and Service Expansion: Major companies have recognized the potential of Marion Oaks, leading to the establishment and expansion of retail and service outlets, contributing to the area's economic vitality.
Community Amenities: Residents enjoy access to parks, recreational facilities, and community centers, fostering a vibrant and engaged neighborhood atmosphere.
* Investment Highlights
Versatile Development Potential: The R-1 zoning allows for the construction of single-family homes, catering to the growing demand for residential properties in the area.
Accessibility: Situated on a paved road, the parcel ensures easy access for construction and future residents.
Proximity to Ocala: Located just 18 miles south of Downtown Ocala, residents can enjoy the tranquility of suburban living with convenient access to urban amenities.
Zillow
Affordability: Compared to neighboring regions, Marion Oaks offers competitively priced land, presenting an attractive proposition for investors and homebuilders.
* Ready to seize this opportunity? Contact us today to learn more about this exceptional parcel and how it can serve your investment or personal aspirations.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$55,000
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 | $44,000 | $44,000 | $44,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $278 | $289 | $368 |
Total Monthly Payment | $353 | $364 | $443 |
* 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.