|
Exceptional Waterfront Residential/Commercial Opportunity in The Hammock!
Nestled in the heart of The Hammock along scenic A1A in Palm Coast, this rare 0. 78-acre waterfront property offers an incredible blend of residential comfort and commercial potential. Featuring 100 feet of frontage on Fox Canal—with direct access to the Intracoastal Waterway in just minutes—and 100 feet of frontage on A1A, this prime location is truly one of a kind.
The property features a private gated entrance, oversized new paved driveway, a charming main residence, and a separate guest house. The main home offers 3 bedrooms, 2 baths, a spacious family room, dining room, kitchen, breakfast nook, and an expansive Florida room lined with French doors overlooking a peaceful, park-like backyard shaded by magnificent mature oak trees. Recent updates include a 2015 roof, 2022 water heater, and 2016 HVAC system.
The guest house includes a living room, kitchen, 2 bedrooms, 1 fully renovated bath, and a new stackable washer and dryer. HVAC was replaced in 2021.
Whether you're envisioning a private waterfront retreat, a home-based business, multi-generational living, or an income-producing investment with short-term rental potential, the possibilities are endless. Enjoy tranquil canal views, frequent visits from manatees and dolphins, and easy access to boating, beaches, dining, and shopping.
Conveniently located near Hammock Beach, Hammock Dunes, Yacht Harbor Village, Washington Oaks Gardens State Park, Jungle Hut Beach, Flagler Beach, and just 25 minutes from St. Augustine or Daytona Beach.
Location, Lifestyle, and Limitless Potential—this waterfront gem is ready for your vision.
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:
$949,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $759,200 | $759,200 | $759,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.157% | 6.203% |
| Monthly Tax Payment | $739 | $739 | $739 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,430 | $4,552 | $6,407 |
| Total Monthly Payment | $5,261 | $5,383 | $7,238 |
* 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.