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About this home
Bahia Terrace is a home in Silver Spgs Shores Un 07, Ocala. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Great opportunity MULTIFAMILY INVESTORS - Lot zoned R3, all high and dry with flood zone X. Each Lot is already approved to build a QUADPLEX, of 1,234 sq ft unit. Total of 5,570 sq ft including sidewalk and driveway. Each unit is a 3 bed / 2 bath (attached plot plans and Survey). Lot in front of Walmart Supercenter and close to Walgreens, CVS, Publix, stores, restaurants and much more. A just 15 minutes from Downtown Ocala and 20 minutes from commercial highway 200 RD, this land offers a wonderful investment opportunity.
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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
$55,000
Time on market
332 days
Monthly payment
About $348/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $405 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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