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This new construction home will offer a rare opportunity to own a piece of paradise on one of Florida’s last untouched coastal areas, the Palm Coast Hammock. Nestled among mature trees on a beautifully wooded lot in Flagler County, this 2 story, 3 bedroom, 2 bathroom home captures the peaceful essence of “Old Florida” while delivering the comfort and efficiency of modern design. Crafted with care and quality by Colour Homes, the home will feature durable composite siding, a metal roof, and energy-efficient spray foam insulation. Inside, vaulted ceilings and an open floor plan create an airy, welcoming atmosphere. Located just west of A1A, you will be a short walk from the beach, where sunrises and sea breezes await. Whether you’re looking for a full-time residence, a vacation home, or an investment in timeless coastal living, this property offers the best of Florida—natural beauty, tranquility, and lasting craftsmanship. Don’t miss this chance to own your piece of paradise in one of the state's last quiet coastal communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $332,000 | $332,000 | $332,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $64 | $64 | $64 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,098 | $2,181 | $2,779 |
Total Monthly Payment | $2,237 | $2,320 | $2,918 |
* 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.