Great value here. Not many water front lots (canal) available at this price. This Vista Del Mar property is a great parcel and mostly cleared and ready for your new home. Perfect place to start living the Florida lifestyle without breaking the bank. With direct Gulf access, you can bring your boat, kayak, paddleboard, etc. and truly live "the saltlife" This could be used as a vacation home, income producing property, or as your primary residence. The neighborhood is a golf cart neighborhood, so when you're not enjoying the water, you can go for a ride to one of the local restaurants, ice cream shop, or Hudson Beach all without leaving the neighborhood. Drive by and set up your appointment today. It doesn't get much better than this especially at this price point. Build your dream home here. The floor plan and photo of the home here is just give you an idea of what you could do here. A nice mobile home will work as well. Drive by and let your imagination go where you want it to. Call this one your next home.
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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 | $88,000 | $88,000 | $88,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $585 | $585 | $755 |
Total Monthly Payment | $660 | $660 | $830 |
* 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.