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Prime Vacant Lot in Hammock Beach Resort on Golf Course – One of few available homesites in the gorgeous Hammock Beach Resort in Palm Coast, Florida. This exceptional lot offers a rare opportunity to build your dream home in one of the East Coast’s most sought-after luxury communities with no time frame to build. This lot is Located just a 1/3 mile walk from the Atlantic Ocean with private community beach access. Back yard views are of the scenic 13th hole of the Jack Nicklaus Signature Ocean Course. Enjoy sunrises on your front balconies and stunning golf course sunsets from rear of homesite. Situated within a secure, gated resort community with world-class amenities. Residents have access to optional Hammock Beach Club memberships, which include championship golf courses, a multi-level pool complex with a lazy river and waterslide, a state-of-the-art fitness center, a full-service spa, tennis and pickleball courts, and multiple on-site dining options. This is a rare opportunity to own a prime piece of coastal real estate just steps from the beach. Whether you are looking for a primary residence, vacation home, or investment property, this lot offers unbeatable value in a premier location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$465,000
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 | $372,000 | $372,000 | $372,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.000% | 7.017% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,321 | $2,444 | $3,114 |
Total Monthly Payment | $2,396 | $2,519 | $3,189 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.