DRAMATIC PRICE DROP! Owner says sell since Clay County will not allow anything except approved Branan Field PUD uses such as 1 house per 5 acres, Agricultural, Church, Community Center, etc. Property fronts onto Discovery Road & the new First Coast Expressway. This property is perfect for buy-hold or uses previously described. Great accessibility, visibility & in a fast growing area. Wetland maps & Gopher Tortoise information is in the documents. Seller has taken this into account in the pricing. Wetlands may have substantial tax benefits in a mitigation bank or conservation easement scenario. The majority of the upland acres (Nearly 3.5 Acres) have direct access from Discovery Road with utilities available near the property. Buyer should verify end use needs and possibilities.
1000 DISCOVERY Drive, Middleburg, FL, 32068
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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