Great business location for redevelopment on a heavily traveled intersection of Highway 17 and County Rd 309. This lakefront property is zoned C-2 with approximately 586' road frontage and 145' deep. Survey shows approximately 2.8 acres of usable land). Commercial zoning, on road frontage on the lake is zoned AG. There is a 1368 sq ft mobile home on property as well. US Highway 17 is scheduled to be a four lane highway. FDOT has already purchased road frontage. Just minutes to Palatka and Welaka.
1196 S HIGHWAY 17, Satsuma, FL, 32189
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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