Seller Financing, 43,560 Sq Ft, Forever Residential Land Use
$41,000
00 NW Water Oak Avenue, Rainbow Lakes Estates, FL 34431
1 acres
Lot Area
R-1
Zoning
Details:
Highlights:
- SELLER FINANCING AVAILABLE
- 43,560 SQFT OF UNTOUCHED BEAUTY
- ROAD FRONTAGE = 135 FEET
- ZONING = R-1
- FUTURE LAND USE = RESIDENTIAL R-1
- NO HOA
- 30 DAY RAPID CLOSE
- ZIP CODE = 34431
Description:
The seller offers financing options. Did you say you are looking for seller financing? Read on, details below.
LOCATION: 1.00-acre parcel (43,560 square feet) awaits your vision. Build your dream home, design your retirement escape, or create your investment future.
ZONING: dedicated R-1 (single-family residential) zoning district, the area is committed to maintaining the integrity of single-family homes, enhancing both privacy and community value. Zoning allows for single-family homes, churches, schools, parks, and community facilities.
UNTOUCHED LAND: Discover the untouched allure of this exclusive plot of land, nestled on a tranquil street with 135 feet of frontage. This property offers a perfect balance of privacy and community.
FLOOD ZONE & HURRICANES: This location has never flooded, nor has it ever been in the direct path of a category 4 or 5 hurricane. It is elevated and high and dry and safe for you. It is in a verified FEMA Flood Zone X which means there is a literal 0% chance of flooding, verified high and dry.
AS-IS: this land is available for purchase AS-IS, allowing you to sculpt and define your space exactly as you imagine. Build your own well, build your own septic, or use the street adjacent city water and electric. Build solar powered panels, build a windmill, it is up to you. You are in control.
DETAILS: The seller won’t be handling the Municipal Lien Search or Title Insurance—that’s on you as the buyer to take care of. Just a heads-up so you can plan accordingly!
SURVEY: It's important to note that there are no current surveys available, and the responsibility for conducting new surveys will fall to the buyer, ensuring that every aspect of the development is tailored to personal specifications.
TITLE: All title processing will be competently handled by Caroline Nichols Esq. at Landmark Title, ensuring a smooth and professional closing experience.
SELLER FINANCING: The seller’s opening the door to a flexible deal with seller financing—also called owner financing—which means you’re working directly with them, not a bank. Picture this: as a buyer, you put down a good faith deposit with a minimum 25% down payment (think of it as your handshake to seal the deal), and just like that, you take the reins of the property—no waiting on loan officers or endless paperwork. The seller’s laid out two straightforward options: go with a 3-year term at 8% interest for a quicker payoff, or stretch it to a 5-year term at 10% interest if you want more breathing room. Your call!
Want to settle up early? You can pay off the loan anytime after 2 years of steady, on-time payments, with just a 3-month prepayment release fee giving you flexibility banks rarely offer. The real win here? You skip the hassle of traditional lenders—no jumping through hoops, no drawn-out approvals. You’re dealing one-on-one with the seller, saving time and stress while locking in a property that’s yours to shape. In today’s market, where financing can feel like a maze, this is a rare chance to keep it simple and move fast.
AMENITIES: This property is perfectly situated close to many amenities, bringing rural living directly next to city life. Rainbow Springs Natural Park and Silver Springs State Park are nearby giving you hiking, bird watching, and nature. Additional outdoor spaces such as Shalom Park and Tuscawilla Park offer walking trails and outdoor spaces. Pavarotti's Pizza & Restaurant and adjacent Thirsty Turtle Pub are down the street. PUBLIX, Walmart, Aldi, Tractor Supply, and Workout Anytime Gym are located at Rainbow Square, just 16± miles from the property. University of Florida is one± hour away. You can find the beach at St. Pete/Clearwater 65± miles away, Daytona Beach is 100± miles away and Disney and Universal is 93± miles.
This property delivers everything you could need and want in residential land with seller financing.
Documents:
Title | ||
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FEMA_definition_of_Flood_Zone_X_and_Flood_Zone_C__not_applicable__PDF.pdf | ||
Marion_County_Municode_Building_Code_and_Application_of_Permits_PDF.pdf
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Marion_County_Impact_Fees_Information_PDF_effective_March_2024.pdf
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Marion_County_Municode_on_R-1_-_requirements_on_residential_clasification.pdf
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Marion_County_Municode_on_Mobile_Homes_and_Modular_Homes.pdf
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Marion_County_Municode_on_Single_Family_Dwelling_R-1.pdf
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Property_Tax_Roll_Property_Summary.pdf
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Marion_County__FL_Flood_Information_PDF.pdf |
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