Over 45 Years of offering beautiful Owner Financed North Florida Acreage
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348 Estates
Located in Mayo, Florida
348 Estates is located in Mayo, Florida. The property is located 18 miles south of Interstate 10, only 32 miles west of the crossroads of Interstate 75 and 10. This makes for an easy commute to Gainesville, Jacksonville, or Valdosta. At 348 Estates you would be living in the lowest wind zone rating area in Florida reducing your risk from hurricanes, plus home construction cost and insurance costs. Mayo offers great climate year round and has many amenities while maintaining its small, hometown feel.
The small retirement community of Dowling Park is located 11 miles northeast of the property. In Dowling Park you will find a grocery store, restaurants, shopping, and a paved boat ramp for the Suwannee River.
The small town of Lee, located at Ext 262 off Interstate 10, is located 18 miles North of the property. Here you will find a couple of truck stops and restaurants.
Mayo is located 13 miles southeast of 348 Estates.
Live Oak is 25 miles northeast of the property. In Live Oak you will find Publix, Winn Dixie, Super Wal-Mart, Lowes, Tractor Supply, a hospital, and restaurants.
At 348 Estates you will find mostly cleared land with pine trees scattered throughout the property and a line of hardwood trees along the paved road for privacy. The land is located on a county maintained paved road and the back boundary is fenced. Electricity is available to the front of the property. There is no requirement or timetable to build. The land is currently zoned 1 home per 5 acres, but cannot be subdivided until the land is paid in full. There is no requirement or timetable to build. Mobile and Modular Homes are permitted. Farm animals are permitted. The property is zoned 1 home per 5 acres.
There are NO DEED RESTRICTIONS on this property, but you must follow the building codes of Lafayette County when you do decide to build or make improvements.
Suwannee River at Dowling Park is only 11 miles away.
Automatic, Non-Qualifying Owner Financing Available with NO Prepayment Penalties:
Purchase Price of $74,995. Annual Percentage Rate 9.50%. Amortization based on 299 payments. You can pre pay all or part any time without penalty. At the listed amount down and assuming the loan runs the full term as opposed to a shorter pay off, then the finance charge is $109,188.86, total payment amount is $176,688.86 total purchase price is $184,183.86. There is no qualifying required for the loan.
Purchase Price of $119,995. Annual Percentage Rate 9.50%. Amortization based on 298 payments. You can pre pay all or part any time without penalty. At the listed amount down and assuming the loan runs the full term as opposed to a shorter pay off, then the finance charge is $173,789.52, total payment amount is $281,789.52 total purchase price is $293,784.52. There is no qualifying required for the loan.