PRIME 6. 4 ACRE PARCEL ON AMELIA ISLAND! Perfect for development or creating a private retreat, this expansive acreage is located within the county limits and offers ***370 feet of road frontage***. Originally platted in 1830, the property exudes historical charm, enhanced by a beautiful canopy of mature trees. A SCENIC RIVER-TO-SEA TRAIL runs along the front of the property on Simmons, providing a serene connection to nature and easy access to local amenities. The BEACH is just a short 0. 79-mile bike ride away, making this location ideal for those who appreciate both tranquility and coastal living. There is potential for subdivision, with preliminary indications suggesting up to 4-8 lots, though buyers should verify details with the county. LOWER COUNTY taxes and Short Term Rentable potential. Bring your offer today! ****Also listed as separate smaller parcels.
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Our Executive Mortgage Banker:
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$1,625,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,300,000 | $1,300,000 | $1,300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,432 | $8,324 | $11,414 |
Total Monthly Payment | $8,557 | $8,449 | $11,539 |
* 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.