River Trace is 4 miles east of Lee, Florida. Lee (3 miles north of Interstate 10 at Exit 262), is only 34 miles west of the crossroads of Interstate 10 and 75. This makes for an easy commute to Tallahassee, Gainesville, Jacksonville, or Valdosta. At River Trace 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. Lee offers great climate year round. The Suwannee River State Park is only 8 miles from the property.
Ten miles west of River Trace you will find the town of Madison. In Madison there are two grocery stores, CVS, Walgreens, Madison County Memorial Hospital, North Florida Community College, restaurants, and much more. Twenty miles southeast is the town of Live Oak. At Live Oak there is a Super Wal-Mart, Lowes, two grocery stores (Publix and Winn Dixie), Shand’s Hospital, restaurants, and plenty more.
At River Trace you will find cleared five acre estates. There are a total of 67 lots located at River Trace. We currently have 2 properties available. There is no requirement or timetable to build. However when you decide to build it must be 1,000 square feet or larger. No modular homes or mobile homes are allowed. Farm animals are permitted with the exception of pigs. There are already families living at River Trace.
Purchase Price of $24,995. Annual Percentage Rate 8.9%. Amortization based on 263 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 $29,416.27, total payment amount is $52,416.27, total purchase price is $54,411.27. There is no qualifying required for the loan.