5008 Railroad Ave, Elkton, FL, 32033 | $24,950

If you long for the quiet of country living while being 15 minutes away from the most captivating city in the southeast coast, you have found your place in the map. 5008 Railroad Avenue sits on a spacious double lot right in front of the Palatka to St Augustine State Trail, 2 minutes NE of Armstrong Park in Elkton, and 4 minutes South of SR 207 and the St. Johns county fairgrounds. Hurry up and secure this piece of magic before a builder grabs it and builds multiple units on it. Seller willing to subdivide into two separate parcels for $15, 000 each. Property is zoned RS-3, in flood zone X, no HOA or CDDs. Buyer to verify all information pertinent to buyer's intended use of the property. Property to be sold "As-Is".

Features

  • Zoning: RS-3
  • Lot Size: 10019
  • Elem. School: Southwoods Elementary
  • Middle School: Gamble Rogers Middle
  • High School: Pedro Menendez High School
  • MLS#: 238602
  • Days on Market: 329 days
  • Website: https://www.raveis.com
    /prop/238602/5008railroadave_elkton_fl?source=qrflyer
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Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5008 Railroad Ave, Elkton, FL, 32033

$24,950

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $19,960 $19,960 $19,960
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $134 $133 $168
Total Monthly Payment $209 $208 $243

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.