Under contract-accepting backup offers. Rare opportunity to own a great piece of land in the desirable City of DeBary!! Please note this property is directly on Highbanks (340 feet of frontage on Highbanks). This property is zoned B-2 Neighborhood Commercial. The owners have truly done all the leg work by obtaining all surveys, reports, permits, applications, etc. , all are transferable to the buyer. Owners have had a "Special Exemption" from the city in the past allowing the owner of the business operating on the property to have a personal residence built, should they choose to. The owners have also hired an environmental company and have the following: Wetlands Delineation Report, FDEP Field Support, consulted in owners efforts to gain approval, and necessary transferable permits from FDEP (Florida Department of Environmental Protection), Complete UMAM review and worksheets Field Map WOTUS Application and mapping. The Boundary Survey, Wetlands Map Topography Survey, Plot Plan and Tree Survey all have been completed and available upon request. Great location, property is very close to new bike path, St. John's River access right down the road. Seller is motivated. Go to site and check out this property before it's gone!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $75,920 | $75,920 | $75,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $518 | $511 | $656 |
Total Monthly Payment | $593 | $586 | $731 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.