Best deal for waterfront acreage in Keys minutes to airport-private/charter. MU Zoning allows wide range of opportunities for new owner: single family(1-4 home compound) or add TDR's, marina, large hotel, boat dealership or more just bring your TDR's. 3 acres M. O. L. fronting US-1 & additional 3 acres of bay bottom. Included in offering: 3 resi, 1 transient & 1 com TDRs, water & sewer lines to each of the 2 upland lots installed & paid for; Marina license, open dock permit to allow immediate alteration, likely bay bottom dredge. Unique feature is strip of land +650 ft along the bay bottom may serve as access to boat slips. current dock can fit a large sportfisher & more. Seller via Don Craig & Company consultants 3211sf of commercial allowed. Also listed as RLD A11593395
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,896,000 | $3,896,000 | $3,896,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,269 | $25,269 | $34,476 |
Total Monthly Payment | $25,394 | $25,394 | $34,601 |
* 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.