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Build your dream home at 6 Karat Path in Palm Coast, Florida! Located in the desirable Quail Hollow neighborhood, this residential lot offers an excellent opportunity for a future primary residence or an investment property. The surrounding area is predominantly comprised of single-family homes, creating a well-established residential setting. Notably, the property is zoned DPX, which provides you with the flexibility to build a duplex—ideal for multi-generational living or income-producing potential. Conveniently situated near U. S. Route 1, the location allows for easy commuting north to historic St. Augustine or south to world-famous Daytona Beach. Enjoy the privacy and versatility of vacant land while remaining close to everything Palm Coast provides, including beautiful beaches, golf courses, parks, shopping, dining, healthcare facilities, and miles of scenic walking and biking trails. With no HOA and quick access to major roadways, this property is well-suited for builders, investors, or buyers looking to design a custom Florida home. Adding to its appeal, the lot backs up to approximately 344 acres of land owned by the Flagler County Board of Commissioners, currently offering additional privacy and a natural backdrop. Whether you plan to build now or hold for the future, 6 Karat Path delivers exceptional value, location, and potential in one of Florida’s desirable coastal communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$69,500
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 | $55,600 | $55,600 | $55,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.443% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $324 | $342 | $451 |
| Total Monthly Payment | $399 | $417 | $526 |
* 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.