Hidden Hammock Estates is located just outside of Lake City, Florida. Lake City is located at the crossroads of Interstate 75 and 10. This makes for an easy commute to Gainesville, Jacksonville, or Valdosta. At Hidden Hammock 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. Lake City offers great climate year round and is a strong, growing city while maintaining its small, hometown feel.
At Hidden Hammock Estates you will find 21 beautiful five to eight acre estates. The properties are in pasture grass with scattered giant oak trees on most estates. Each property has ample paved road frontage and underground electricity throughout the community. There is no requirement or timetable to build. However when you decide to build it must be 960 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.
Purchase Price of $39,995. Annual Percentage Rate 8.90%. Amortization based on 290 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 $54,807.11, total payment amount is $92,807.11, total purchase price is $94,802.11. There is no qualifying required for the loan.