One Eightieth Place 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 One Eightieth Place 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 One Eightieth Place you will find 4 beautiful five to six acre estates. The properties are mostly cleared with a few scattered trees. Each property has ample paved road frontage and electricity is available to the front of each lot at no cost to the buyer. There is no requirement or timetable to build. However when you decide to build it must be 1,000 square feet or larger. Modular homes and mobile homes are allowed providing they meet the minimum square footage and are 7 years of age or newer when initially placed on the land. Farm animals are permitted with the exception of pigs. Camping is allowed no more than 100 days within a calendar year.
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.