Discover the potential of this expansive 5.43-acre vacant lot that is perfectly situated in the peaceful and picturesque town of Cottondale, Florida. This property provides a perfect blend of rural tranquility and easy access to nearby amenities. Conveniently located off Highway 90, this property makes traveling to nearby cities, including Panama City and Tallahassee a breeze! Property is zoned agricultural and allows for mobile homes! Whether you're looking to build your dream home, establish a private retreat, or invest in a growing area, this property offers endless possibilities. Don’t miss out on this exceptional opportunity! *This property is split from a larger property. APN number will be issued by the county at the time of purchase*
Lot 1 London Rd, Out of Area, FL, 32431
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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