Situated in the heart of Palm Coast, this residential lot measures 80 by 125 feet and offers access to city water and sewer. Located outside the flood zone, with no protected species on site, this lot is shovel-ready and primed for development. Palm Coast is centrally located, just over an hour from Jacksonville (north) and Orlando (south). Just a short drive from desirable Flagler Beach. Local attractions include the Halifax Plantation Golf Club, Washington Oaks State Park, and the Fort Matanzas National Monument. Historic St. Augustine is also nearby. Palm Coast is exploding with development but inundated with nature preserves and golf resorts. Golf lovers can golf right on the beach at the desirable Hammock Beach Resort. Nature lovers can bike or hike the Lehigh Greenway trail, (among many others) a former railroad corridor composed of 195 acres of preserve inside city limits. Palm Coast does not have HOA or CDD fees! All utilities are accessible!
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Our Executive Mortgage Banker:
Our Insurance Division:
$88,900
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 | $71,120 | $71,120 | $71,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $491 | $473 | $600 |
Total Monthly Payment | $566 | $548 | $675 |
* 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.