Must see!! Gorgeous 70+ acres of lush pastures and beautiful old Florida Oaks located in the desirable Peniel area of rapidly growing Palatka. This property is already zoned for excellent potential future development or create your own family farm. Approximately half of the property is wooded with a mix of Pine trees, Oak trees, and a portion in wetland vegetation. With thousands of acres of conservation land nearby, turkeys and deer are often seen enjoying the pastures and partaking in the rich vegetation. All of this comes with a solid built 3/2 home of 1, 920 sf constructed of concrete block with coquina overlay, nice size screened in back porch and open front porch to enjoy the breathtaking views. Just a few miles to all Palatka conveniences and the St. Johns River! The home has a large kitchen with plenty of cabinets and eat-in breakfast area, beautiful brick wood-burning fireplace, split floor plan with large master bedroom and walk-in closets. Bring in the breeze with the built-in attic fan! Centrally located between Ocala, Gainesville, Jacksonville and St. Augustine. Less than 4 miles to the Palatka Horseman's Club, shopping, medical, schools, restaurants, etc, and approximately 6 miles to the City Dock on the St. Johns River. Schedule today for you private showing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,679,000
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 | $1,343,200 | $1,343,200 | $1,343,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,601 | $8,601 | $11,793 |
Total Monthly Payment | $8,726 | $8,726 | $11,918 |
* 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.