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Discover the rare beauty of life on Black Hammock Island. This private retreat set on over three breathtaking acres along the marsh has sweeping views across the water toward Amelia Island. This property offers an unparalleled backdrop of tidal creeks, native wildlife, and ever-changing coastal skies. Wake up early and step onto the expansive deck to watch the sun rise in brilliant color over the marsh. Spend peaceful afternoons on the screened-in patio, where cool breezes and the gentle sounds of nature create the perfect setting to unwind, read, or gather with friends. Whether it's morning coffee or evening relaxation, the outdoor living spaces are designed to fully embrace the serene surroundings. Inside, the home is ready for your personal touch. Much of the flooring update has already been started, providing an opportunity for the next owner to complete the vision and truly make it their own. With solid beginnings in place, this property invites creativity and customization while offering the privacy and tranquility that only island living can provide. Importantly, the property has already undergone significant updates designed to strengthen and protect the home, including improvements made to shore up the structure and enhance flood prevention. These thoughtful upgrades provide added peace of mind while preserving the natural beauty and integrity of the surrounding marshland. If you've been dreaming of space, marsh views, and a slower pace of life immersed in nature, this Black Hammock Island retreat is ready to become your coastal sanctuary.
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Our Executive Mortgage Banker:
Our Insurance Division:
$360,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $288,000 | $288,000 | $288,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $255 | $255 | $255 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,773 | $1,844 | $2,411 |
| Total Monthly Payment | $2,103 | $2,174 | $2,741 |
* 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.