Amazing Opportunity to Build Your Dream Home! Not Only is this 0.473 acre lot on a great corner location of Duncan Street and May Terrace but the seller has done all the due diligence & is including all of the reports with the sale PLUS a full custom set of Building Plans for a High End Custom-Built 3 Bedroom/3.5 Bathroom/Den/3-Car Garage Main Home, Room for a Large Pool and Plans for Separate Detached 1-2 Bedroom/1 Bathroom Complete Guest House. The engineering tests, environmental study tests and survey are all included! Opportunity is knocking!!! All This in the NO HOA community of Papaya Village / Hobe Hills. The property is also offered For Sale as Built and Ready to Move into Property for $2.3million. Truly a Fabulous Opportunity!
Subdivision:
PAPAYA VILLAGE
Development:
HOBE HILLS, PAPAYA VILLAGE
Lot Description:
1/4 to 1/2 Acre,Private Road,Public Road,Treed Lot,West of US-1
Elementary School:
Hobe Sound Elementary School
Middle School:
Murray Middle School
High School:
South Fork High School
8881 SE Duncan Street, Hobe Sound, FL, 33455
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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