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Discover the opportunity to build in one of Palm Bay’s most sought-after and rapidly evolving residential areas. Surrounded by a wave of new construction and development from well known builders, this lot is perfectly positioned for those looking to create something special in a neighborhood that continues to gain momentum and value. Imagine designing your own home from the ground up with no HOA restrictions, no limitations on your vision, just the flexibility to build exactly what you want. Whether you’re an end-user ready to customize your dream home or an investor looking to capitalize on the area’s strong growth, this is a location that checks all the boxes.
The lot is currently in its natural state, offering a blank canvas for your plans. With new homes already established nearby and more on the way, you’ll be stepping into a community that is actively transforming and appreciating. Conveniently located near schools, shopping, dining, and major roadways, yet still offering space and privacy, this is where future living meets present opportunity. Buyer to perform all due diligence regarding zoning, land use, utilities, and building requirements. Opportunities like this don’t sit long, secure your piece of Palm Bay’s growth today. Call for more details and start planning your next move.
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:
$45,000
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 | $36,000 | $36,000 | $36,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $222 | $227 | $299 |
| Total Monthly Payment | $297 | $302 | $374 |
* 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.