Ocala Crossings South: Affordable Luxury Awaits!

Discover Your Dream Home in Ocala Crossings South

Are you in the market for a new construction home that offers spacious living, modern amenities, and a location that balances tranquility with convenience? If your answer is yes, we have an exciting opportunity for you. Welcome to Ocala Crossings South, a brand new community in the heart of Ocala, Florida, where the home of your dreams awaits.

Meet the Elston Model

Our spotlight today is on the stunning Elston model, a four-bedroom, two-and-a-half-bathroom gem that spans approximately 2,260 square feet. But this home is much more than just numbers; it’s a testament to modern living and thoughtful design.

A Glimpse Inside

As you step into the Elston model, you’ll immediately notice the attention to detail and spaciousness. The layout has been meticulously crafted to provide both functionality and comfort for today’s homeowners.

The heart of the home is its beautifully designed kitchen. Imagine preparing delicious meals in a space adorned with the latest appliances and ample countertop space. The open floor plan seamlessly connects the kitchen to the dining area and living room, creating a perfect environment for entertaining guests or spending quality time with family.

A Home for Every Season

Florida living is all about enjoying the outdoors, and the Elston model doesn’t disappoint. Step outside onto your private patio and envision sipping your morning coffee or hosting weekend barbecues in your own backyard.

Community Amenities

But the Elston model is just the beginning. Ocala Crossings South offers a range of community amenities that cater to every lifestyle. Take a dip in the resort-style pool, one of the largest in the area, and soak up the Florida sun. There’s also a cabana for relaxation, a playground for the kids, and a multi-purpose field for outdoor activities. You’ll have plenty of opportunities to stay active and connect with your neighbors.

Location, Location, Location

Ocala Crossings South’s prime location adds to its allure. Situated just off Highway 200, you’ll find yourself within easy reach of shopping centers, restaurants, movie theaters, and grocery stores. Whether it’s a quick grocery run or a night out on the town, you’re never too far from the action.

The Bigger Picture

Let’s zoom out and look at the bigger picture. Ocala, Florida, is strategically nestled between some of Central Florida’s major cities. To the south, you have Orlando, home to world-famous attractions like Disney and Universal Studios, a little over an hour’s drive away. Westward, Tampa awaits with its vibrant downtown, Tampa Bay Stadium, and the breathtaking Clearwater Beach, all approximately two hours from your doorstep. And to the north, Gainesville, home of the University of Florida and its famed Gators, is just 45 minutes away.

Breaking Down the Numbers: Your Path to Owning a Piece of Ocala Crossings South

As we continue our tour of Ocala Crossings South and its fantastic Elston model, it’s time to dive into the numbers. After all, making your dream home a reality often involves some financial considerations. Let’s break it down step by step.

The Price Tag

The Elston model, with all its features and the incredible community it resides in, comes with a current listing price of $313,900. This price point is remarkable when you consider what you’re getting in terms of both the home itself and the community amenities. It’s safe to say that you won’t find a deal like this elsewhere in Ocala.

Builder’s Incentive

Here’s where things get even more enticing. The builder is offering a $10,000 incentive towards closing costs when you purchase this home. Yes, you read that correctly – $10,000 straight towards your closing costs. This incentive goes a long way in making homeownership more accessible and cost-effective, potentially covering the majority, if not all, of your closing costs. It’s a significant bonus for anyone looking to purchase this property.

Down Payment Options

Understanding your down payment options is crucial when considering a new home. The good news is, there are several financing options available to suit various budgets and preferences.

1. FHA Loan: This is the go-to option for those looking for a low-money-down solution. With an FHA loan, you can put down as little as three and a half percent. If your credit score falls between 620 and 680, you’ll qualify for this loan comfortably.

2. Conventional Loan: Conventional loans provide more flexibility in terms of down payment, ranging from three to twenty percent. One of the significant advantages of a conventional loan is that you can eliminate private mortgage insurance (PMI) once you reach 20% equity. This can save you around $100 per month on your mortgage.

3. VA Loan: To all our veterans, we extend our gratitude for your service. VA loans offer a zero-percent down payment option, making homeownership accessible with minimal upfront costs. It’s a fantastic opportunity for those who have served our country.

Closing Costs

Don’t forget about closing costs when planning your budget for a new home. On average, closing costs typically amount to around three percent of the purchase price. For a property like the Elston model, this would be approximately $9,500. However, keep in mind that the builder’s generous $10,000 incentive can significantly offset these costs, potentially leaving you with little to worry about when it comes to closing expenses.

Estimated Monthly Payments

Now, let’s look at your estimated monthly payments, which typically encompass four components: your principal payment, interest payment, property taxes, and insurance. Here’s a breakdown:

• Property Taxes: For a property like this, you can expect annual property taxes of around $5,000. Monthly, that’s roughly $416 towards taxes.

• HOA Fees: It’s essential not to overlook the homeowner’s association (HOA) fees, which amount to $100 per month.

• Insurance: Your insurance costs will vary depending on your chosen provider and coverage. It’s best to shop around and find a plan that suits your needs.

Considering today’s interest rates, which are around 7.25%, your estimated monthly payment would likely fall between $2,700 and $2,900. Keep in mind that your actual monthly payment may vary based on your down payment and loan type.

Conclusion

As we wrap up our discussion of the numbers, it’s clear that the Elston model in Ocala Crossings South offers an incredible opportunity for homeownership. With its attractive pricing, builder incentives, and flexible financing options, it’s a purchase that aligns with both your lifestyle and your budget.

If you’re interested in exploring more properties like this one or learning about off-market new construction opportunities, don’t hesitate to reach out. Your dream home might be waiting for you, and I’m here to help you find it.

Thank you for joining me on this journey through Ocala Crossings South, and I wish you all good luck in your home search.