The Commons

Located in Lake Butler, Florida

The Commons - Lot 1
The Commons - Lot 1

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The Commons
The Commons

3 Acre Pond Next to Lot 1

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The Commons - Lot 1
The Commons - Lot 1

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The Commons - Lot 1
The Commons - Lot 1

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The Commons is a community of 46 parcels located in Lake Butler. 

 

The lots range in size from 1 to 3 acres.  The Commons has a very special location. It is 10 miles to downtown Lake City, 11 miles to Lake Butler, and at only 39 miles to Gainesville you are in commuting distance to the largest city in our region. In Gainesville there are four major hospitals (one of which is a regional VA Center), a regional airport for connecting to national and international flights, the prestigious University of Florida, Santa Fe College , and all the city amenities you would need. These conveniences are available to you while still enjoying the  tranquility of your acreage in the peaceful countryside.

 

In Lake City you will find 3 hospitals: Lake City Medical Center, Shands Lake Shore Medical Center, and a VA Medical Center. Many different shopping opportunities at the Lake City Mall, Super Wal-Mart, Lowe’s, Home Depot, Publix, Winn Dixie, Harvey’s and much more.

 

The Commons - Lot 1  is located next to a 3 acre pond.  The property has clearings and trees scattered throughout it's landscape.  Lot 1 is 2.5 acres in size.  The back portion of the property is located in Flood Zone A.  There is over an acre at the front of the property that is high and dry.  There is no requirement or timetable to build.  However when you decide to build it must be 650 square feet or larger.  Modular homes and mobile homes are allowed providing they meet the minimum square footage and are 10 years of age or newer when initially placed on the land.  Farm animals are permitted with the exception of pigs. There already are several families living at The Commons.

Automatic, Non-Qualifying Owner Financing Available with NO Prepayment Penalties:

   Estate           Acreage              Price                Down           Monthly            Rate                 Term           

     1                 2.50            $29,995        $2,995          $275             8.90%       15 Years     

Purchase Price of $29,995.  Annual Percentage Rate 8.90%.  Amortization based on 176 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 $21,478.35, total payment amount is $48,478.35 total purchase price is $51,473.35.  There is no qualifying required for the loan.