2488 N Ocean Shore BOULEVARD, Flagler Beach, FL, 32136 | $2,990,000

Unparalleled Coastal Opportunity: 4 Acres of Prime Oceanfront Land

Imagine waking up every morning to the soothing sound of the Atlantic Ocean waves crashing just outside your front door. Now, picture owning 4 acres of pristine, vacant land with direct access to this magnificent coastline—your own personal slice of paradise.

This extraordinary property offers more than just stunning oceanfront views. With water access at the rear leading to the Halifax River and the Intracoastal Waterway, it’s a boater’s dream come true. Whether you envision launching your boat for a sunset cruise, fishing, or simply enjoying the serene waterway, this location offers unmatched convenience and tranquility.

Adding to its allure, the property boasts an impressive 180 feet of road frontage on the famous US Highway A1A. This iconic stretch of road not only offers easy access but also places you right at the heart of Florida’s most scenic and desirable coastal corridor.

But the true beauty of this property lies in its versatility. Zoned MDR (Medium Density Residential), you have the unique opportunity to build up to 9 dwelling units per acre. Whether you dream of constructing a luxurious single-family estate, a cluster of elegant townhomes, or even a boutique residential development, the possibilities are as endless as the horizon.

This is more than just land; it’s a canvas for your dream home or investment opportunity. With such a rare combination of oceanfront access, river access, generous zoning allowances, and prime road frontage, this property is truly one-of-a-kind.

Don’t miss out on the chance to own this exceptional piece of the Florida coast—your dream home or next great investment starts here!

Features

  • Frontage: Riparian Rights: 100
  • Lot Size: 180 x 704 x 221
  • Lot Desc: Buildable, CoastalConstruction Control Line, Wetlands
  • View: Garden, Water
  • Elem. School: Old Kings Elementary
  • Middle School: Buddy Taylor Middle
  • High School: Flagler-Palm Coast High
  • MLS#: O6181756
  • Days on Market: 183 days
  • Website: https://www.raveis.com
    /prop/O6181756/2488noceanshoreboulevard_flaglerbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 11:32:07 PM)
Listing courtesy of FLORIDA HOMES REALTY & MTG   Phone: 904-996-9115

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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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Our Insurance Division:

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2488 N Ocean Shore BOULEVARD, Flagler Beach, FL, 32136

$2,990,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,392,000 $2,392,000 $2,392,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $15,316 $15,316 $21,002
Total Monthly Payment $15,441 $15,441 $21,127

* 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.