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The Blue Heron Inn in the heart of the downtown Fernandina Historic District is a fully-furnished B&B with period antiques, 2 buildings with 5, 212 HSF: 102 S 7th is the Main Guest Inn with 6 Guest Rooms, 6 1/2 Baths, Kitchen, Laundry/Pantry, Gathering Rooms, Dining Room, Wrap Around Porch. 106 S 7th is the innkeeper's residence next door and contains 3 Bedrooms, 3 Baths, Great Room, Kitchen, Parlor, Kitchenette and a fenced backyard patio area with pool. Walk one block to downtown Centre Street for shopping, dining, and the Marina. Buildings and systems have been remodeled and updated to reflect historic charm and modern convenience. The business is ''Turn Key'' and includes an extensive ''Book of Business''. Property is zoned C-3 and may be divided into 2 homes or a home w/pool and a B&B.
Specifically excluded from this sale are all items, including furnishings , personally owned by the innkeeper/hostess for the inn.
Please see Supplemental Information. Disclaimer: All property information, including but not limited to square footage, lot size, and dimensions, is provided as an approximation and is subject to independent verification by the buyer. Broker and seller make no representations or warranties of any kind. Buyer is advised to conduct their own due diligence to confirm all measurements and property details prior to closing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,831 | $12,152 | $16,877 |
| Total Monthly Payment | $11,956 | $12,277 | $17,002 |
* 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.