Old Wire Road is located just south 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 Old Wire Road 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.
In Lake City you will find a Super Wal-Mart, Lowes, Home Depot, movie theater, Florida Gateway College, Publix, Winn Dixie, Harvey’s, indoor shopping mall, 3 hospitals, 2 golf courses, restaurants, and much more.
At Old Wire Road you will find mostly cleared five acre tracts with scattered trees on the land. 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 10 years of age or newer when initially placed on the land. Farm animals are permitted with the exception of pigs.
Purchase Price of $42,995. Annual Percentage Rate 8.90%. Amortization based on 288 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 $58,541.57, total payment amount is $99,541.57, total purchase price is $101,536.57. There is no qualifying required for the loan.