Owner financing available with 20% down, 10% interest for 10 years. Great opportunity for residential development on this .86 acres with beautiful trees. Zoned RLD60. Land and legal use description is RES LD 3-7 Units per AC. Property could be subdivided and multiple houses built. Currently the property is on undeveloped land with no cleared road access, no electric, sewer or water access to the property. Desirable location offers great potential for development with nice homes all around and close to all conveniences, shops, stores, I-95 and I-295. Close to Jacksonville International Airport, Baptist Hospital and River River City Marketplace.
0 ECHO Street, Jacksonville, FL, 32218
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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