This 4-acre property in East Palatka, FL, offers an incredible opportunity with 275 feet of frontage on Highway 17. Zoned Commercial General (C-3) and Agricultural (AG), it allows for a variety of uses. Under its commercial zoning, the property is suitable for a restaurant, retail, office space, or other business ventures. The lot is cleared and ready for development, with FPL electrical service, public water and sewer connections, and telephone service already in place. While it contains a wetland area in the rear, it has never flooded, making it a reliable and strategic investment. Seller is acquiring a Wetland Delineation and Survey which will be provided to Buyer. With high visibility and easy accessibility, this is a rare chance to secure a prime location in Putnam County. Contact us today for more information!
275 S Us Highway 17, East Palatka, FL, 32131
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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