One or more photo(s) has been virtually staged. Magnificent Coastal Cleared Oversized Lake Front Lot located in the Gated Oceanfront Community of Ocean Hammock. This Amazing community is nestled between the Atlantic Ocean and the Intercoastal Waterway with endless beaches and incredible wildlife! This is one of the largest zero- lot- line buildable lots for sale in the Hammocks at almost ½acre, one street over from the Ocean front. This sale comes with previously approved plans for an incredible home with Peak a Boo views of the Championship Ocean Front Golf Course, The Atlantic Ocean and a private lake in back, or…. there is plenty of room to choose your Own Builder for Your Very Own Dream House with an infinity pool overlooking the private lake. Previous perk tests, & surveys are also available to buyer. The HOA maintains the private streets, trash, your private yard and landscaping. Ideally located with the private Beach Walkover, and a private Community Center and Pool just a few short steps away. Amenities include gated community, with 24- hour gate house and rover for your security, walking paths and more. Membership available to The Club at Hammock Beach Resort, but not required. Membership includes: Two Championship Golf Courses, an array of fabulous Restaurants, Tennis Center, state of the art Fitness center, outdoor Fantasy Pool complex with lazy river, & waterslide, full-service spa, social activities, events, & more. Conveniently located on the Atlantic, North Florida Coast just 1 hour to Jacksonville or Orlando and 30 minutes to St. Augustine or Daytona Beach, with ideal proximity to 3 major airports- JAX, Orlando, and Daytona. Flagler Beach offers amazing sand beaches with fabulous surf. You are only 10 mins to the town of Palm Coast, with a small-town charm but still offering the convenience of any shopping or amenity you may need!!! Financing is available with no requirement to build as low as 35% down ask for more details. BRING ALL OFFERS
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$698,000
William Raveis Real Estate
Phone: 888.699.8876
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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 | $558,400 | $558,400 | $558,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,715 | $3,711 | $4,709 |
Total Monthly Payment | $3,807 | $3,803 | $4,801 |
* 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.