Owners are open to dividing this 3.44 acre parcel into smaller parcels in 1 acre increments. The total parcel is 7.02 ACRE with 3.44 of it being buildable the rest is already developed as shared retention pond. This property is shovel ready with mixed-use zoning up to High Intensity Commercial. Located in FAST GROWING and underserved South St. Augustine. This parcel has a shared retention pond and underground drainage already in place along with roadway, curbing, etc. Located at a signalized intersection along with a N bound turn lane off US1 neighboring a CVS already built and GATE Carwash that is nearing completion. There is new commercial, residential and multi-family development happening all around. All required studies have been completed and a recent topo survey is available. Recent appraisal available.
4900-C US 1 SOUTH, Saint Augustine, FL, 32086
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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