0000 Sr 100 HIGHWAY, Palm Coast, FL, 32137 | $7,500,000
Under contract-accepting backup offers. Located in Palm Coast, FL, this unique 45 acre commercial property is within 1. 5 miles of the Atlantic Ocean along the State Road 100. The Future Land Use Map allows for Mixed Use. The adjoining properties of 10 acres could be added to the assemblage and are zoned Commercial 2 & Commercial 3. This is one of the fastest growing corridors in the county with traffic counts of over 20K cars per day, these properties are versatile for a number of uses including hotel, medical, assisted living facilities, QSR, restaurant, convenience store, automotive, storage and more. The assembled parcels would total 1, 038 linear feet along SR 100.
The site is 1. 5 miles from the Flagler Beach waterfront where there is a new Margaritaville Hotel being constructed, ¼ mile from the Flagler Beach Publix, 2. 5 miles to the new BJ’s Warehouse under construction west of I-95 and the future locations for Miller’s Ale House and Longhorn Steakhouse. The AdventHealth Hospital is 2 miles away. This is one of the few remaining parcels along SR 100 in Palm Coast, the location is in the center of future residential developments of multi-family and single family homes.
Features
- Lot Size: 0000
- View: Trees/Woods
- Elem. School: Old Kings Elementary
- Middle School: Buddy Taylor Middle
- High School: Flagler-Palm Coast High
- MLS#: FC294721
- Days on Market: 318 days
- Website: https://www.raveis.com
/prop/FC294721/0000sr100highway_palmcoast_fl?source=qrflyer
Listing courtesy of ONE SOTHEBY'S INTERNATIONAL REALTY Phone: 386-276-9200
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
0000 Sr 100 HIGHWAY, Palm Coast, FL, 32137
$7,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $6,000,000 | $6,000,000 | $6,000,000 |
| 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 | 7.620% | 6.735% | 6.806% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $38,916 | $38,419 | $52,680 |
| Total Monthly Payment | $39,041 | $38,544 | $52,805 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388