HOT HOT HOT location in fast growing Northeast Jacksonville near crossroads of New Berlin Road & Yellow Bluff Rd. Publix, Walgreens, Gate, McDonalds & many other retail, office & mixed uses new to area. Tremendous opportunity for comm, retail or office development or possible multi-family. 7. . 15+/- acres of land in four separate but adjacent tracts in high growth area. Very good visibility on high traffic corridor near intersection of New Berlin Rd & Yellow Bluff Rd. Occupied homes on the properties but value is in the commercial land use possibility. Buyer needs to verify development details & needs including zoning changes, access, wetlands, geotechnical, environmental, endangered species, & feasibility. No showings of houses since value is in land. Buy all or part. See Supplement. Perfect for fast food, office, town houses, apartments, self storage, flex warehouses, etc. Buyer must conduct own due diligence, surveys, and rezoning. All adjacent parcels and those across street were once the same RR-ACRE zoning and were changed to CCG-2 or PUD. All adjacent parcels and those across street were once the same RR-ACRE zoning and were changed to CCG-2 or PUD. There are actually four separate parcels totaling 7. 15 +/- acres that are adjacent and contiguous. These can be bought separately or together. See MLS#'s: 1242663, 1242671, 1242675, & 1250429.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,079,800
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,263,840 | $3,263,840 | $3,263,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,989 | $21,441 | $28,882 |
Total Monthly Payment | $22,114 | $21,566 | $29,007 |
* 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.