Premier Corner Lot in Flagler Estates - Ideal for Investors or Dream Home Builders! Welcome to 10305 Nikolich Ave, Hastings, FL 32145, a prime 0. 86-acre corner lot located in the growing Flagler Estates community! Whether you're an investor looking to capitalize on a hot market or someone ready to build your dream home, this property is the perfect canvas. Positioned just one street over from 4370 Theresa St, a newly built 4-bedroom, 2-bath home that sold for $439, 900 on 8/21/24 with 2, 151 sq. ft. , this lot is ripe for development! Smaller 4-bedroom, 2-bathroom homes in the 1, 600 sq. ft. range are also selling between $325, 000 and $350, 000, showcasing the strong demand for new construction in this desirable area. Known for large lots and a peaceful, rural atmosphere, Flagler Estates offers a perfect balance of privacy and accessibility. With new construction continuing to rise and homes selling at competitive prices, Flagler Estates has become a hotspot for both builders and buyers looking for value in a tranquil setting. This property is conveniently close to St. Augustine, local shopping, and major highways, providing easy access to beaches, parks, and outdoor activities while maintaining a quiet, country lifestyle. Imagine building your custom home on this expansive lot, surrounded by nature, with plenty of room for outdoor living, gardens, or additional structures. Whether you're envisioning a family retreat or a serene getaway, this lot has the space to bring your dreams to life. With recent new construction homes selling quickly, this lot presents a rare chance to build and sell in a sought-after location. High demand, solid comps, and large lot sizes make this an ideal investment for builders looking to tap into the lucrative Flagler Estates market. Don't miss out on this exceptional opportunity to own a large, corner lot in one of the region's most promising areas! Whether you're an investor or looking to build your forever home, 10305 Nikolich Ave offers limitless potential.
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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 | $44,000 | $44,000 | $44,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $296 | $292 | $371 |
Total Monthly Payment | $371 | $367 | $446 |
* 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.