This beautiful lot is a prime opportunity to build your dream beach home, offering the perfect blend of privacy, tranquility, and convenience. Nestled away in a serene location, this partially cleared property is shaded by mature trees, providing a natural canopy that enhances the peaceful atmosphere of the space. Just a short distance to MalaCompra Oceanfront Park, this pristine park offers access to scenic oceanfront views, walking paths, and a peaceful spot for beach outings and nature walks. Whether you enjoy relaxing by the water or exploring the natural beauty of the coast, the park is a wonderful retreat. Bing's Landing Boat Launch/Park is only a short drive or walk away, Bing's Landing offers excellent boating and recreational opportunities, with a boat-kayak launch, picnic areas, and access to the Intracoastal Waterway. Whether you're an avid boater or simply enjoy spending time near the water, this park provides the perfect spot for outdoor activities. No HOA!!! Property has never been flooded and it is located in a X500 zone according to FEMA map. Close to St Augustine, Ormond Beach and Daytona. Mobile home is no longer on site, it was removed in 2013.
Owner is a licensed real estate agent.
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Our Executive Mortgage Banker:
Our Insurance Division:
$158,000
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 | $126,400 | $126,400 | $126,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $852 | $840 | $1,066 |
Total Monthly Payment | $927 | $915 | $1,141 |
* 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.