This vacant property consists of 3 blocks, 11, 12 and 13, and is approximately 4.25 acres There is a county right of way running through block 12, which, according to the County of Volusia was originally planned as an I-4 frontage road, however this project is no longer on the future development plan. Owners of the property are allowed the use of and passage across this property, however, at this time no permanent structures can be built on the right of way. It is advised that buyer and agent talk with the county and also obtain a survey.
According to the county, “The right of way is County of Volusia owned land. A County right of way permit is required prior to placing, installing or adjusting any hardscape improvement, driveway or above/below ground utilities (Sec 94.1 and Sec 72.691 Code of Ordinances / County of Volusia) within the County right of way. The public’s access to the right of way cannot be restricted by installed or man-made improvements.”
San Juan, Deland, FL, 32724
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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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