40 Acre Farm Beautiful N. Fl

Description

This beautiful property is located in southwestern Hamilton County, Florida - an area of high and dry, rolling land located right in the middle of where 3 of Florida's most pristine, spring fed and pollution free rivers converge - the Alapaha, Withlacoochie, and famous Suwanee rivers. This area of Florida is a wonderful location to live, work, and play. The county is rural with the small down home town of Jasper, FL as the county seat. Taxes are low, crime practically non- existent, good school system, and with just about any type of recreation you could want either right at your door or no more than an hour's drive away. This particular property is 40 acres, totally fenced. I have planted 26 acres in Coastal Bermuda grass that I cut for hay as part of my farming operation. The balance of the land is in planted pine trees that are 16 years old and could be sold if you wished. There are a couple of acres cleared out with a home site that is nicely secluded by the pines and yet still offers a wonderful northwesterly view over the hay field where you can watch deer and turkey roam and feed. The homesite already has electric, septic, and well installed. We have a 32 ft. travel trailer located here that we stay in when we are at the property (it is a 2006 Jayco model with a large slide out and is available with the property for an extra $15,000). This property could be moved on immediately with no clearing or improving necessary. It would be great for horse lovers as it's already fenced and has excellent pasture already in place. Owner financing is available. Terms $280,000 selling price, $25,000 required down payment, Balance of $255,000 financed for 25 years with an interest rate set at 4% above prime - current rate would be 7.25% - and adjusted every 3 years with no points or pre-payment penalty. Monthly payment at current rate of 7.25% would be $1,885 which includes an escrow payment of $40 per month for the property taxes which I pay when due. Property taxes are currently approximately $350 per year.