|
Waterfront Acreage & Handyman Special in Oak Hill
697 Eagle Watch Rd, Oak Hill, FL 32759 4 Bedrooms | 2 Bathrooms | Wrap-Around Porch
An incredible opportunity for investors, contractors, or buyers looking to build sweat equity in a highly desirable waterfront pocket. Situated on an exceptionally large, deep lot on a quiet road, this property offers a rare combination of old-Florida beauty, complete privacy, and a unique natural setting at an unbeatable price point.
The Property & Land: The deep, expansive lot is bordered directly on the east by Indian Creek, providing a peaceful, natural water boundary. Please note: Water access is strictly limited to the creek itself and does not provide deep-water boat navigation. The land is dominated by stunning, historic old-growth live oaks, including one of the largest and most majestic trees in the entire Oak Hill area. In the backyard, a private wooden footbridge arches over the creek, taking you directly onto your own private sliver of land that connects straight into the boundaries of the popular River Breeze Park.
The Potential (Fixer-Upper): The existing structure is a spacious 4-bedroom, 2-bathroom mobile home framed by a massive, sweeping porch on the south and east sides—perfect for enjoying the serene views and shade canopy. The home is a true fixer-upper, is being sold strictly as-is, and is entirely renovation-ready. It will require updates throughout, explicitly including the replacement of drywall, making it the perfect blank canvas to remodel into a premier fishing camp or live in while you plan a future custom build.
The Freedom: Located in unincorporated Volusia County with No HOA, you have total freedom to utilize this land to its fullest potential. There is plenty of room to store your boats, trucks, trailers, and RVs. Plus, while the creek itself isn't navigable for vessels, you are just minutes away from the premier public boat ramp at River Breeze Park, making it incredibly convenient for avid anglers and boaters looking to access the Mosquito Lagoon.
Bring your tools, bring your vision, and claim a rare piece of the coast!
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:
$205,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $164,000 | $164,000 | $164,000 |
| 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 | $196 | $196 | $196 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,010 | $1,036 | $1,362 |
| Total Monthly Payment | $1,281 | $1,307 | $1,633 |
* 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.