Re-Priced to sell!!! don't miss the opportunity to have a rare waterfront lot with a generous size of 1. 54 Acre!! There is nothing else like it in the area! Waterfront lot of this size does not come along very often; the possibilities are endless in this stunning lot consisting of big acreage in combination with a deep-water canal straight to the Gulf of Mexico with no bridges or other obstructions. Why settle for an older home when you have a golden opportunity to build your home with the exact specifications that you've always envisioned. This oversized lot is zoned ER (Estate Residential) in a small subdivision with only 6 Home-sites all security and private brick fenced, each lot has a private gated entrance. The seller started the construction of a dock by putting 7 dock pilings and the buyer can finish building a huge dock with water & electricity on those 330 feet of seawall room for all your water toys. Take advantage of existing survey, geotechnical report, and a completed set beautiful architectural plan home or come up with your own design. No HOA, no CDD, you can bring your own builder, or we can recommend one. Live in the serenity and seclusion surrounded by Boy Scout Preserve with a boardwalk nature trail, incredible water views and the Robert K. Rees Memorial Park is just down the road providing a beautiful sandy beach where you can sunbathe, swim, fish, watch magnificent sunsets. Centrally located with easy access to US Hwy 19 a major North-South connector and close to revitalized downtown with great restaurants and entertainment. Come and fall in love with a property like this. . . build your waterfront dream home and start enjoying the Florida lifestyle!! *One of the owners holds an active Real Estate License*
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Our Executive Mortgage Banker:
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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 | $416,000 | $416,000 | $416,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,733 | $2,733 | $3,482 |
Total Monthly Payment | $2,825 | $2,825 | $3,574 |
* 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.