Build Your Dream Home in the Luxurious Ocean Hammock Community. This nearly quarter-acre vacant lot offers an exceptional opportunity to create your ideal home or vacation retreat in the highly sought-after Ocean Hammock Community. With 70 feet of lake frontage, this property boasts serene water views and a peaceful setting that’s perfect for relaxing or entertaining. Located in a secure, guard-gated neighborhood, this lot provides both privacy and exclusivity. Across the street, a lush preserve ensures no future development, adding to the sense of seclusion. An 8-foot easement from the adjacent property gives you added flexibility to design a home with a wider footprint, while established utilities make the building process easier. Just minutes from the Atlantic Ocean, you’ll enjoy convenient access to pristine beaches and coastal amenities. Whether you're planning a permanent residence or a vacation escape, this lot provides the space and potential to bring your vision to life. Don’t let this rare opportunity slip away. Secure your slice of paradise in the coveted Ocean Hammock Community and take the first step toward making your waterfront dreams a reality. Schedule a visit today and start envisioning the possibilities!
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Our Executive Mortgage Banker:
Our Insurance Division:
$290,000
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 | $232,000 | $232,000 | $232,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,602 | $1,563 | $1,973 |
Total Monthly Payment | $1,677 | $1,638 | $2,048 |
* 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.