Vacant Lot in the Desirable Neighborhood of Flamingo Island in Marathon. Close to Sombrero Beach and conveniently located in the center of town. Included are plans for a 3 story 4 bed 3 bath home with 2736 sq ft of living space and 291 sq ft of storage. 7200 sq ft lot that measures roughly 60' x 120'. Zoned Residential Medium. The lot is surrounded by great looking homes, and 7 day rentals are allowed with City of Marathon. Building Rights are also available for purchase for those who do not want to wait for a permit. Great Lot in a Great Neighborhood, ready for your New Home in Paradise.
108 Santa Barbara, Marathon, FL, 33050
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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