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About this home
2630 NW 140th St is a home in Ocala Solar Farms Unrecorded Subdivision, Citra. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
LEASE w/ OPTION TO PURCHASE. Farmland Preservation Area 10.85-acre horse farm. 10-stall concrete block center-aisle barn w/ 12x12 stalls, auto-waterers, new metal roof. Features 5 paddocks w/ water, 2-acre & 4-acre pastures w/ feed pens, round pen, and ground loading ramp. 2 RV HOOKUPS. Close to Majestic Oaks (5 mi) and World Equestrian Center (15 mi). LEASE-OPTION TO PURCHASE TERMS: $5000/mo with $500/mo credited to buyer at closing ($500 out of the $5000 a month goes to principal payment). Option Fee: $40,000 non-refundable, applies to down payment. Option Window: 2 years. Tenant handles farm and pasture upkeep. Will consider SELLER FINANCING with an acceptable purchase offer. Disclosure: Owner is FL-licensed real estate agent.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$750,000
Time on market
45 days
Monthly payment
About $4,324/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $439 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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