Nestled in the heart of Port St. Joe, just moments away from the pristine beaches of the Gulf Coast, 644 Jones Homestead Rd. presents an exceptional opportunity for both investors and homeowners alike. This property boasts a strategic location that combines proximity to essential amenities with the allure of coastal living. Situated mere minutes from the tranquil beaches, this property offers the quintessential coastal lifestyle. Whether you're seeking a serene retreat or an investment in the flourishing vacation rental market, this location delivers. Additionally, its close proximity to the hospital ensures convenience for residents and potential guests alike, providing peace of mind for any healthcare needs. With its ideal location near Panama City and Gulf Coast State College, this property holds immense investment potential. The burgeoning tourism industry in the area makes it an attractive destination for vacationers seeking sun-soaked beaches and unparalleled relaxation. Consider the possibilities of creating a luxurious beach house retreat or capitalizing on the booming Airbnb market to generate lucrative returns. Imagine waking up to the gentle sound of waves crashing against the shore and basking in the warm glow of the sun filtering through your windows. This property offers the opportunity to transform that dream into reality. Build your coastal oasis and embrace the laid-back lifestyle of Port St. Joe, where every day feels like a vacation.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $88,000 | $88,000 | $88,000 |
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 | $593 | $585 | $742 |
Total Monthly Payment | $668 | $660 | $817 |
* 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.