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DOWNTOWN FLAGLER BEACH ZONED GENERAL COMMERCIAL This adorable cottage located just two blocks off the Atlantic Ocean offers living/dining combo, full kitchen, 2 bedrooms, 1 bath, bonus room and a lovely back courtyard space for enjoying the warm Florida sun. Currently being operated as a vacation rental the Seaside Cottage is situated on a 50 x 100 lot, sleeps 6 and is being sold completely turn key. Seperate garage offers storage or the opportunity to expand living, rental or retail space. General Commercial zoning allows for up to three story building and a vast array of business types. Property allows for highly sought after OFF STREET PARKING for 5 vehicles. Flagler Beach is an up and coming small beach town with approximately 5000 residents offering 6 miles of uncrowded beaches, ocean-view dining, eclectic shops, parks, walking trails, bountiful fishing spots, surfable waves and free beach access. Centrally located 30 minutes to Daytona Beach on the south and Saint Augustine on the north. One hour to Jacksonville and just over an hour to Orlando.
HVAC 2020, Electric panel 2024, Windows 2024, Interior plumbing 2023, Hot water heater 2023, Roof inspection 2023 states roof has 15-20 years of life
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,900
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 | $519,920 | $519,920 | $519,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $516 | $516 | $516 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,244 | $3,416 | $4,317 |
Total Monthly Payment | $3,852 | $4,024 | $4,925 |
* 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.