Commercial Lot on Riberia Street directly across from The Ice Plant, St Augustine Distillery, and the new Marriott Hotel! This vacant lot is zoned CL-1, which allows for a variety of possibilities. The dimensions are approx 49x100. See zoning for allowable uses and favorable lot coverage ratios. Recent survey is available. Located in the heart of Downtown St Augustine, this location is walking distance to so many great restaurants and shops. Mostly cleared lot surrounded by a mature tree line that provides a nice buffer of palm and oak trees. Bring your ideas and create something unique in a fantastic location! Huge vacation rental potential with nightly rentals allowed.
127 Riberia St, Saint Augustine, FL, 32084
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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