7 N Whitney Street & Railroad Ave, Saint Augustine, FL, 32084 | $180,000

Investors & Entrepreneurs. . . . . EXTREMELY RARE IW ZONING in St Augustine City limits! In a fabulous location, both parcels are zoned for many interesting uses. Allowable uses include a home-based business, light manufacturing, tattoo parlor or studio to name only a few. These two separate land parcels are a stones throw away from one another, tucked on a 'no outlet' street. Concrete block walls & original brick chimney are all that remain of a once inhabited concrete block family home. Price includes the additional vacant parcel on Railroad Ave. Please go to docs tab or contact list agent for full details of allowable uses. Location is within walking distance or a short bike ride to St Augustine's historic district and 10 min drive to a beautiful beach. Parcels are in flood Zone X per FEMA's flood map, an area of minimal flood hazard. Local shops, micro brewery & healthy eating restaurant are within walking distance. Seller is willing to sell parcels separately.

Features

  • Zoning: IW
  • Lot Size: 51x133x52x134
  • MLS#: 243014
  • Days on Market: 119 days
  • Website: https://www.raveis.com
    /prop/243014/7nwhitneystreetandrailroadave_saintaugustine_fl?source=qrflyer
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Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE

William Raveis Family of Services

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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7 N Whitney Street & Railroad Ave, Saint Augustine, FL, 32084

$180,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $144,000 $144,000 $144,000
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 $75 $75 $75
Initial Principal & Interest Pmt $958 $957 $1,214
Total Monthly Payment $1,033 $1,032 $1,289

* 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.