Two vacant parcels intended for mobile homes or site-built residences. This site is zoned R-2, a medium-density residential zoning district that permits single-family homes, duplexes, and multi-family residences, among other types of housing.
The agent and the owner have not been to the property. After conducting a thorough research, we have made every effort to present the most accurate and up-to-date information. There are no implied or stated warranties; therefore, written terms and conditions are required to be binding.
Buyers and their representatives are responsible for examining and confirming every detail of the subject property, including BUT not limited to; flood zones, airport noise zones, HOA and CDD fees (Community Development District Fees), current and proposed property taxes, special assessments, verify with the local police or sheriff's department to discover neighborhood crimes and crime statistics, sexual offenders/predators and any other matters BUYER deems relevant to the purchase of the Property, verify with school districts, and inquire with neighborhood watch associations about information relevant to them and consider the properties floor- plan functionality. They should also arrange for a survey, municipal lien search, soil percolation test, home inspection, and a well and septic system inspection, if applicable. Additionally, the property should be tested for mold, radon gas, lead-based paint, Defective Drywall, energy efficiency ratings, and a Wood-Destroying Organism (WDO) inspection should be performed.
Buyers must thoroughly conduct their due diligence by contacting the planning and zoning departments to determine if the property has recorded permits, is in a historic area, flood zone, landlocked, and whether the property has proper egress and ingress. They should also verify the current and future zoning aligns with their intended use and consult the code compliance division to ensure there are no past or current unpaid code violation fines. It is essential to investigate ALL relevant information that could affect the property's value.
We advise potential Buyers and Sellers to verify the property's condition, square footage, and all related facts and representations outlined in a potential contract. Buyers and Sellers should consult appropriate professionals for legal, tax, environmental, and other specialized advice regarding matters affecting the property and the transaction. The Broker clarifies that they do not reside on the property and that all representations made (oral, written, or otherwise) are based on statements from the Seller, either verbally or in writing, or on public records. To the extent permitted by Florida statute, buyers agree that if they pursue this property, they will rely exclusively on the seller's addendums and disclosures, professional inspectors, and governmental agencies to verify the property's condition, square footage, and any facts that materially affect its value, rather than on the broker's representations (oral, written, or otherwise).
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $7,200 | $7,200 | $7,200 |
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 | $50 | $49 | $61 |
Total Monthly Payment | $125 | $124 | $136 |
* 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.