One of the last remaining vacant direct oceanfront lots available in Flagler Beach. 50x111 Direct Oceanfront lot on the Atlantic Ocean w/ an additional 50x60 deeded beach access for beach-walkover & deck. 50' of direct frontage on N. Ocean Shore (A1A) & 50' frontage on N. Central Ave. w/ 111' in depth on both sides. This lot is perfect for an amazing new custom Florida beach house of your dreams. We have several floorplans designed to fit on this lot for turn-key house lot/packages. Also we have vetted architects, designers and builders for buyers who want a fully custom home from scratch. Not ready to build yet. . . simply purchase this direct oceanfront land now while its still way under $1M and build or sell in the future. Owners will enjoy sunny beaches of Flagler Beach with a wide array of lifestyle choices from restaurants, bars, shopping, parks, museums, fishing, boating, surfing, golfing & so much more. The property sits on the Marineland Trail: a 28-mile long paved pathway from Ormond Beach to Marineland. Enjoy biking, hiking & walking along the oceanfront trail. World-famous Daytona Beach is just 30 minutes south, and Historic St. Augustine is 30 minutes north. The attractions in Orlando & Jacksonville 1 hour away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$523,000
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 | $418,400 | $418,400 | $418,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,749 | $2,781 | $3,528 |
Total Monthly Payment | $2,841 | $2,873 | $3,620 |
* 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.