5404 RACE TRACK Road, Jacksonville, FL, 32259 | $8,900,000
Fully approved 43 acre +/- PUD allowing for up to 125, 000 Sq. Ft. of commercial/retail space and 175, 000 Sq. Ft. for a multi-sports and recreation center. Preliminary site plan calls for two multi tenant retail strip centers, one free standing restaurant, or retail user, and one free standing gas station/convenience store.
Located in St. Johns County, the fastest growing County in Florida, the PUD is located less than 2 miles from The Pavilion at Durbin Shopping Center. The Pavilion at Durbin Park is the first phase of the larger Durbin Park Town Center project, which will include three major anchors, multiple hotels and theaters, and a Bass Pro Shop. The shopping mall, when complete, is expected to be double the size of St. Johns Town Center. Fully entitled PUD300K Sq. Ft. fully approved development
Minutes from well established mid-to upper income neighborhoods such as; Julington Creek Plantation, Julington Lakes, Durbin Crossing and Bartram Springs
Easy Access via SR 9B/CR 2209 and I-95, directly off Race Track Rd.
Development allows for dedicated turn lanes into the property, providing excellent ingress/egress.
Approved PUD # ORD2017-15, St. Johns County, Florida
All PUD documents are available upon request
Features
- Lot Desc: Irregular Lot, Wooded, Other
- Elem. School: Durbin Creek
- High School: Allen D. Nease
- MLS#: 1002683
- Days on Market: 970 days
- Website: https://www.raveis.com
/prop/1002683/5404racetrackroad_jacksonville_fl?source=qrflyer
Listing courtesy of EWING REAL ESTATE LLC
William Raveis Family of Services
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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!
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860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5404 RACE TRACK Road, Jacksonville, FL, 32259
$8,900,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $7,120,000 | $7,120,000 | $7,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $45,003 | $45,590 | $62,023 |
| Total Monthly Payment | $45,128 | $45,715 | $62,148 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388