Design your dream waterfront home on this exceptional homesite in the exclusive Yacht Harbor community of Hammock Beach, nestled along the Intracoastal Waterway in the heart of Palm Coast. This prime location offers a perfect canvas for your coastal retreat, boasting coveted western rear exposure for breathtaking sunsets over the main saltwater canal. The canal provides direct access to the Intracoastal inlet, making it a boater’s paradise.
Yacht Harbor is a gated enclave renowned for its exclusivity and tranquil ambiance. Conveniently located off A1A in the Hammock, this homesite is close to the Hammock Beach Marina and features a private floating dock, ideal for boating enthusiasts. Residents have the option to enhance their lifestyle with a membership to the Hammock Beach Resort, which includes world-class amenities such as championship tennis and pickleball courts, a state-of-the-art fitness center, and a resort-style swimming pool.
This rare opportunity in a community that exudes luxury and charm is complemented by a maintenance free lifestyle with your property grounds completely maintained by the HOA. Don’t miss the chance to build your custom waterfront home in one of Palm Coast’s most prestigious communities. This homesite represents the perfect blend of tranquility, convenience, and elegance. Schedule a tour today and explore the potential of this extraordinary property, and consider a Hammock Beach Resort membership to fully embrace the luxurious lifestyle that awaits.
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Our Executive Mortgage Banker:
Our Insurance Division:
$359,000
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 | $287,200 | $287,200 | $287,200 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,911 | $1,909 | $2,422 |
Total Monthly Payment | $1,986 | $1,984 | $2,497 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.