Beautiful waterfront vacant lot with large oak trees and west facing dock! Enjoy the sunsets on the dock and the abundance of wildlife. Plenty of preliminary architectural and engineering work has already been done for the construction of a 4,025 ft. single family house, including the permit for the septic field. The owner is offering all of this paperwork included in the price. If you like the project, you can take the existing drawings and move quickly into permitting, or you can take the concept of what can be built on the site and adjust it to your own liking. Cash or OWNER FINANCING considered. Photos are renderings of the home that can be built on the lot.
355 Cathedral Oaks Drive, Vero Beach, FL, 32963
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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