Incredible opportunity to transform this 1 Acre Old Palm Valley waterfront property into your own private oasis. With 112 ft of prime water frontage and a deep 400 ft lot, the property offers endless possibilities. Enjoy boating, fishing, or simply relaxing on the massive dock with three boat lifts and a rooftop deck. The property's three cabins provide ample space for family, friends, or potential rental income. Amazing location on Roscoe Blvd where you can wine & dine at nearby popular restaurants like Valley Smoke and V Pizza! Boat lift specs: One 24, 000 lb lift, a 16, 000 lb lift, and a 10, 000 lb lift. New bulkhead added in 2023. Cabin 1 (on the water) is a 3 bedroom, 2 bath with a large front porch overlooking the ICW. Cabin 2 lies in the center of the property with 4 bdrms & 2 baths. Cabin 3 at the back of the property is 4 bdrms & 3 baths. Don't miss this chance to create your own personal waterfront retreat. A boater's paradise! Call to schedule your appointment today. : )
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,950,000
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 | $2,360,000 | $2,360,000 | $2,360,000 |
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 | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $839 | $839 | $839 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,307 | $15,111 | $20,721 |
Total Monthly Payment | $16,271 | $16,075 | $21,685 |
* 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.