A rare opportunity to earn commercial property in the fastest growing corridor of US 1 North in Palm Coast. Property is located just south one mile of the Palm Coast Parkway and US1 intersection. Zoned Palm Coast COM-3 is the highest intensity commercial (FLUM-Mixed Use), can be divided into two 250’ foot frontage parcels at $300,000 each. Property located 7 miles from the Atlantic Ocean and on the forefront of Palm Coast 2.0 Initiative. 2 new hospitals , one just open and one under review within 2.5 miles. 1200+ new home sites being developed at Reverie of Palm Coast and Saw Mill within 2.5 miles of this site. Great road frontage and outstanding daily traffic counts. Rare to find 500’ Front Feet of commercial property. Must see location. Survey, wetland delineation, and tree survey complete. Preliminary site plan also complete and through predevelopment meetings (TRX) with City of Palm Coast Development Staff. Option to mitigate wetlands and acquire additional net uplands possible. Utilities Forcemain and Water Extension under construction across US 1.
53XX US HWY 1 N, Bunnell, FL, 32110
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB