Under contract-accepting backup offers. Spectacular waterfront homesite in Ocean Hammock! This breathtaking 80'x190' (. 353 acre) lakefront property is ideally situated at the end of a cul-de-sac on desirable Flagship Drive. This gorgeous lot is less than half a mile to the area’s famous cinnamon-colored beach, and the waves can be heard echoing in the background from this location. After driving the scenic, oak-lined journey to the security-gated entrance, the Ocean Hammock community greets its guests with tropical flora and fauna, beautifully manicured landscaping, and uniquely custom coastal homes.
The back of your future home will be situated on a pond facing north with unimpeded views stretching 1200 feet! This stunning property offers one of the "longest" water views in the area, unmatched at this price range! This purview is a bird watcher’s dream with frequently spotted species such as Osprey, Falcon, Bald Eagle, and Great Blue Heron (to name a few). The pond is also home to playful otters, curious turtles, and freshwater bass. Sidewalks and trails throughout the community are ideal for bike rides, walking the dog, or taking a short stroll to the beach. Scenic 24-hour guard gated community. No timeline to build.
The Club at Hammock Beach is just a 5-minute drive, or . 75 mile walk down the beach, and features 5-star amenities for the family such as fine & casual dining options, a spa, fitness center, water slide, lazy river, and lighted tennis courts! Play golf at The Ocean Course, a Jack Nicklaus signature golf course and The Conservatory, a Tom Watson signature course, with membership.
Additionally, nearby are some of Florida’s most beautiful state parks, gardens, mountain biking trails, hiking trails and marinas. The grocery store and restaurants are a 5-minute drive, St. Augustine is 30 minutes north, and Daytona is 30 minutes south. You will not want to miss this incredible opportunity to ease into the oceanside lifestyle offered by this magnificent homesite!
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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 | $223,920 | $223,920 | $223,920 |
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 | $1,490 | $1,471 | $1,888 |
Total Monthly Payment | $1,565 | $1,546 | $1,963 |
* 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.