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Presented by![]() Diamond Hayes |
Prime 2. 99-Acre Property with Income Potential and Zoned for Versatile Use!
This unique 2. 99-acre property offers an exceptional opportunity to create a live-work lifestyle. Located in a highly desirable area, the property is strategically zoned for both business and residential use. The front half of the lot is zoned Residential Commercial, allowing you to build a business right on your property, while the back half is zoned Rural Residential, offering the perfect space to build your dream home in a tranquil, spacious setting.
In addition to its zoning versatility, this property generates monthly income from an existing commercial billboard, providing a fantastic revenue stream that helps offset costs. Whether you're looking to start a business or create a personal retreat, the income potential and zoning flexibility make this land a remarkable investment.
The location is equally appealing, offering the best of both business and leisure. It’s just a short drive to the pristine beaches of the Hammock area, and only minutes away from the charming Flagler Beach. Whether you’re working, living, or enjoying the beach lifestyle, this property puts it all at your fingertips.
This is a rare opportunity to own a versatile piece of land with income potential, close to the coast, and perfectly suited for both business and residential development.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 617.899.1752
Diamond.Hayes@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,599,200 | $1,599,200 | $1,599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,717 | $10,108 | $13,821 |
Total Monthly Payment | $9,842 | $10,233 | $13,946 |
* 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.