Discover this exceptional lot in The Reef, located just four properties away from the Intracoastal Waterway. Experience the soothing sounds of the waves and refreshing salty breezes in this serene setting. This prime location is close to parks and boat ramps, offering easy access to nature and water activities. Enjoy the convenience of being near the vibrant shops and restaurants of Historic Salerno, Downtown Stuart, and Hobe Sound. The community requires a minimum home size of 1,800 square feet, allowing you to build your dream home among the picturesque, moss-draped oaks in Rocky Point. Don't miss this unique opportunity to build your dream home.
Subdivision:
THE REEF (AKA COLONY OF ROCKY POINT)
Lot Description:
1/4 to 1/2 Acre,Paved Road,Private Road,Treed Lot
Elementary School:
Port Salerno Elementary School
Middle School:
Murray Middle School
High School:
South Fork High School
5472 SE Reef Way, Stuart, FL, 34997
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
