Don't just live the dream—create your dream, and live the lifestyle! Build Your Dream Home on This Prime Saltwater Canal Lot. Welcome to your future oasis! This stunning vacant lot, measuring 100x150 feet, offers endless potential for your waterfront custom home. Nestled on a picturesque saltwater canal in beautiful Edgewater, FL, this property is a true gem for those who embrace the salt life. Enjoy the freedom to design and use your property as you wish, with no restrictive homeowners' association rules or fees. The generous lot size provides ample space to build your dream home, design your outdoor living area, and even install a boatlift for easy access to the water. This prime location is close to shopping, dining, and entertainment options, as well as major highways for easy travel to nearby cities like Daytona Beach and Orlando. Imagine waking up each morning to the sight of your boat ready for a day of adventure. Picture relaxing evenings on your custom patio, watching the shorebirds over the water. This lot is more than just a piece of land; it's an opportunity to create a lifestyle tailored to your dreams. Whether you're looking to build a luxurious waterfront estate or a cozy coastal retreat, this lot in Waterway Park, offers the perfect canvas for your vision. Don’t miss out on the chance to turn your dream into reality. Contact us today to learn more about this incredible property and start planning your future in this beautiful saltwater canal community!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $188,000 | $188,000 | $188,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,251 | $1,235 | $1,585 |
Total Monthly Payment | $1,326 | $1,310 | $1,660 |
* 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.