acquire a premier waterfront property on the Trout River featuring approximately ±0.89 acres of upland plus an existing ±1.25-acre Sovereignty Submerged Land Lease, creating approximately ±2.14 acres of total waterfront opportunity. Ideal for a marina, waterfront restaurant, boat club, mixed-use development, or hospitality concept. Conceptual plans illustrate the potential for a 68-slip marina. Existing surveys, environmental reports, and additional due diligence materials are available to qualified buyers. Conveniently located just minutes from Downtown Jacksonville with direct water access and outstanding redevelopment potential. Buyer to verify zoning, submerged land lease rights, development potential, and intended use.
451 TROUT RIVER Drive, Jacksonville, FL, 32208
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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