Riverfront Oasis Awaits: Build Your Dream on the St. Johns River
Own a piece of paradise with this +- 2-acre virgin property boasting breathtaking sunsets and panoramic views of the St. Johns River and the iconic Memorial Bridge. This west-facing homesite offers the perfect canvas for your dream home.
Build worry-free in Flood Zone 'X', ensuring high and dry ground during storms. Selectively clear the land, preserving the natural beauty of old Florida with its majestic oaks and swaying palm trees that create a cool, shady canopy. The trees reaching towards the water's edge are practically begging for a swing or hammock, the perfect spot to unwind and soak in the tranquility.
Nature lovers rejoice! This property is a haven for world-class fishing, shrimping, and blue crabbing. Observe an abundance of wildlife, including manatees, turtles, osprey, bald eagles, otters, Osceola turkeys, and more, right from your own backyard. Front row seats to excitement! Enjoy the dazzling fireworks displays of Palatka and the historic Mug Race from the comfort of your riverbank.
Unparalleled River Frontage: This property boasts an impressive 261 feet of direct access to the St. Johns River, providing ample space for a dock, boat launch, or simply enjoying the tranquility of waterfront living.
Rare opportunity awaits! Don't miss your chance to own a piece of this vanishing riverfront paradise. Call today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,710 |
Total Monthly Payment | $3,019 | $3,016 | $3,802 |
* 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.