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Presented by
Gregory Sofranko Group |
Discover 6. 45 acres of opportunity on the scenic Alafia River! A recent survey reflects 4. 48 acres of combined upland, providing plenty of usable land to create your dream riverfront retreat. The property includes a 1, 236 sq ft wood-frame home with a 440 sq ft enclosed porch (with wall unit) and an oversized 505 sq ft two-car garage. The home does not appear to have been flooded from last year’s hurricanes. On Lot 4, there is a dilapidated singlewide mobile that will need to be removed, as it crosses the lot line and is in poor condition. Additional features include a large shed with an overhead garage door on Lot 4 for extra storage. With county review, there may be potential to obtain a variance for placement of a tiny home or small mobile. This main home on Lot 2 may also be eligible for renovation under the FEMA 50% rule, currently allowing up to $120, 104 in improvements without requiring full compliance with floodplain management standards. Whether you envision a serene riverfront compound, a creative renovation project, or future development possibilities, the canvas is ready. With vision and effort, this property could become an incredible river oasis!
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
Sales Associates
William Raveis Real Estate
Phone: 239.877.1966
GregorySofrankoGroup@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.156% | 5.396% |
| Monthly Tax Payment | $959 | $959 | $959 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,930 | $2,036 | $2,711 |
| Total Monthly Payment | $2,963 | $3,069 | $3,744 |
* 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.