BUILD YOUR DREAM HOME- REDEVELOPENT SITE-Incredible opportunity to build your Custom home in the INLET CAY Section of OCEAN RIDGE. Introducing 41 BIMINI COVE DRIVE, A truly exceptional opportunity for the discerning luxury buyer or Builder. Existing home consist of 1884 Sq Feet, Sitting on .29-acre lot, 12,497 sq. ft., in the Prestigious, Private Beachside Enclave of Ocean Ridge. THE VALUE IS IN THE LAND NOT THE EXISTING STRUCTURE ON IT. Property is NOT on the water-Located on an exclusive Ultra private road, Cul-De-Sac Location offering privacy, security, and natural beauty just steps away from the beautiful stretch of Palm Beach Natural Park Reserve and the Atlantic Ocean.All of this is just a short stroll from 41 Bimini Cove Drive on the Island Known as INLET CAY-
41 Bimini Cove Drive, Ocean Ridge, FL, 33435
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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