This parcel, located in a prime area on A1A in the Hammock contains 2 lots that are zoned R/C and allows SHORT TERM RENTAL PROPERTY. The two lots together is 50ft x 225ft. The parcel ID is for 4 lots but only two (lots 6 and 23) are included in this listing. The other two lots are also listed for sale, MLS FC301854 and the size is exactly the same. The location is great, close to JT's Seafood Shack and Publix Grocery Store and only a short walk to restaurants and to the Beach. When you are ready to take the boat out, Bing's Landing is very close. Additionally, if you desire, you can purchase a membership to the Club at Hammock Beach and the Jack Nicklaus and Tom Watson golf courses are accessible along with Amenities including beaches, swimming complex with water slide and lazy river, full service spa and salon, bike rentals, tennis, gym, pickle ball and excellent dining. Palm Coast is centrally located 1 1/2 hours from Orlando airport and Disney Theme Parks, 1 hour away from Jacksonville and Sanford airports. Daytona Beach, home of Daytona International Speedway and Bike week is only half an hour away and also has an Airport. St. Augustine, the Nation's oldest city is only 1/2 hour away. The City of Palm Coast has been recognized by two national publications for being one of the "7 Best Places to Retire" and is also among "America's 50 Best Cities to Live". Call today before its too late!!
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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 | $239,200 | $239,200 | $239,200 |
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 | $1,652 | $1,612 | $2,035 |
Total Monthly Payment | $1,727 | $1,687 | $2,110 |
* 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.