WOW! 2.15 +/- ACRES WITH OVER 345 FT OF BUSY U.S.HWY/RIDGWOOD ROAD FRONTAGE. THIS PROPERTY IS LOCATED IN A RAPIDLY GROWING COMMUNITY WITH SEVERAL HUNDRED NEW HOMES SCHEDULED TO BE BUILT. RIGHT IN FRONT OF EDGEWATER LANDING COMMUNITY AND ACROSS THE STREET FROM DOLLAR GENERAL AND LAUNCH CREDIT UNION. THIS HIGH TRAFFIC AREA HAS OVER 345 FEET ON U.S. HWY 1/RIDGEWOOD. NEW SIDEWALKS FOR PEDESTRIAN ACCESS, PLUS A BIKE PATH. PROPERTY CLOSE TO WALGREENS, PUBLIX, WINN DIXIE, BANKS, CREDIT UNIONS, BURGER KING, CHICK-FIL-A, SEVERAL OTHER RETAIL SHOPS AND NEW ALDI GROCERY CURRENTLY UNDER CONSTRUCTION. LOCATED IN THE CITY OF EDGEWATER WITH B-3 ZONING AND FUTURE LAND USE COMMERCIAL. LOTS OF USES, SEE PERMITTED USES AS ATTACHMENT. SELLER WILL HOLD FIRST MORTGAGE WITH GENEROUS TERMS.; Cleared: Partial ;Water: Available at Site ;Water: City
2771 Ridgewood AVENUE, Edgewater, FL, 32141
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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