|
RARE UNINCORPORATED OZONA WATERFRONT GEM WITH ENDLESS POSSIBILITIES! Welcome to 700 Delaware Ave, an exceptional 1. 08-ACRE BLANK CANVAS offering DIRECT GULF ACCESS in highly sought-after Palm Harbor. Spanning TWO SEPARATE PARCELS, this unique acreage presents an incredibly rare DEVELOPMENT OPPORTUNITY. The expansive lot size can comfortably accommodate TWO MAGNIFICENT LUXURY ESTATES or potentially be subdivided into a THREE-LOT WATERFRONT ENCLAVE (subject to county approval). Bring your builder and your grandest architectural dreams—the property features an existing residence prime for a TEAR-DOWN, creating a completely clean slate for custom luxury construction. To make the process seamless, a recent survey, title search, and demolition estimates ($28, 622) are already on file and available. Boaters and water enthusiasts will appreciate the FUNCTIONAL, STORM-RESILIENT DOCK, meticulously upgraded with brand-new hurricane-grade wood on original, intact pilings. Cruise, sail, or jet ski out to the open waters of the Gulf of Mexico right from your private shoreline. Whether you are a DEVELOPER looking to maximize a multi-site waterfront project or an INDIVIDUAL looking to build a massive, private family compound, this 1-acre+ property delivers UNMATCHED POTENTIAL. Secure one of the last true waterfront acreage opportunities in the area and create your legacy lifestyle today!
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:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.223% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,003 | $7,291 | $10,126 |
| Total Monthly Payment | $7,128 | $7,416 | $10,251 |
* 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.