A premium Daytona Beach {vacant} commercial parcel on A1A has arrived for sale! Just south of Bellair Plaza, filling the space between Boylston Ave and Williams Avenue, (where a convenient beach ramp will serve your patrons), this west-side North Atlantic parcel has 30, 691 sq ft of potential (. 71 acres). If you are a developer searching for a flat, T1-zoned lot that will give desirable ocean views from the 2nd floor of your hotel, duplex, retail establishment, tourist attraction, conference center, school, or home development, this is worth your time and energy. Our newly offered level parcel, without any structures, with green grass coverage, can quickly become the commercially sized parking lot you need if that is your end game! Boundary Survey will be provided in the coming days. If you are an experienced Daytona Beach resident or builder, you know firsthand the level of competency and courteous service you will receive from the City of Daytona Beach and all of their departments during your development phase of this lot. It will be a pleasure to see your vision become reality, so take action and come by to view this highly rated parcel #422503040010. Finally, a truly beautiful piece of commercial land in a desirable location, just across from the Atlantic Ocean, and it’s ready for a quick close. Vacant = no demo!
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Our Executive Mortgage Banker:
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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 | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.876% | 6.850% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,189 | $5,189 | $7,024 |
Total Monthly Payment | $5,281 | $5,189 | $7,024 |
* 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.