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Under Construction. The Promenade is located at the southwest corner of Central Avenue and Bulldog Drive, directly across from Central Park at Town Center. This high visibility location is the center of the City of Palm Coast for the future live, work, and play platform. The Promenade offers roof-top lounges, dedicated outdoor gathering spaces, pool, pickleball, direct access to multi-use trails, greenbelt views, and a design anchored in pedestrian-friendly streetscapes. The retail, restaurant, medical and office opportunity is within the first floor of 57, 000sf. Units are available from 1, 500sf to 5, 900sf. The expected completion is Q2 2026. Above the commercial space will be 204 contemporary studio, one- and two-bedroom residences. A unique place with great space to service the growing Town Center residential of approximately 1, 500 single family homes, town homes and apartments. Dominant features include- • Built-in “resident” base from the upper-floor apartments above The Promenade ensures daytime and evening foot traffic. • A growing residential and employment base in the Town Center area means increased demand for dining, daily-service businesses, and convenience retail. • Walkability, outdoor amenity spaces, and integration with trails/greenbelt create an elevated customer experience, enhancing “destination” appeal. • With planned tenant mix flexibility (large anchors + boutique), there’s opportunity for anchor restaurants, upscale cafés, or service-oriented businesses (salon/spa, fitness). Come join The Promenade!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$141,155
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $112,924 | $112,924 | $112,924 |
| 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% | 6.132% | 5.415% |
| Monthly Tax Payment | $17,086 | $17,086 | $17,086 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $641 | $676 | $900 |
| Total Monthly Payment | $17,802 | $17,837 | $18,061 |
* 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.