This listing is for two parcels (PIN: 028740-0070 & 028740-0020) being sold together for a total of 2.96 acres. It is currently zoned OR, with 187' of frontage, which could be combined with the adjoining parcel (1.12acres) also listed for sale (PIN: 0287400030) to create a larger assemblage. The three parcels together would total 4.09 acres with 233' of road frontage on the heavily trafficked State Road 16. Annual average daily traffic count: 9,100. Currently zoned OR, but highest and best use would be rezoned into Commercial PUD. Possible impact fee credit from the existing two homes, if kept residential. Address of adjoining parcel is 5655 SR 16.
5643 State Road 16, Saint Augustine, FL, 32092
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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