INACCESSIBLE TRACK, Jensen Beach, FL, 34957 | $75,000

Overview
This a 0. 35- acre lot in Rio, Jensen Beach, FL, presents a compelling opportunity for investors or developers. Although the lot is currently landlocked, lacking direct road access, an issue that must be resolved before construction can commence, the county has classified it as "buildable. " This designation indicates compliance with all relevant zoning, size, and building code criteria for development. In this case, "Buildable" means the lot meets local construction regulations regarding size, shape, and zoning, although it does not ensure road access. In Florida, a lot can be considered buildable if permits can be issued once all conditions, including access, are satisfied. This lot's buildable classification implies it is suitable for development, contingent on resolving its access issues. According to Florida property definitions, like those from "Law Insider, " a buildable lot is one where permits can be issued without any further subdivision, complying with regulations regarding waste disposal and water supply. Similarly, "Homesteady" notes that a buildable lot is cost-effective and feasible for construction, provided all feasibility studies and permits are obtained, although landlocked status may hinder usability. Thus, the lot's designation as buildable indicates it is ready for development once access is assured, in line with the county's evaluation.

Access
Options Florida law offers means to obtain road access for landlocked properties. One route is through an easement by necessity, governed by "Florida Statutes Chapter 704, Section 704. 01, " which can be granted if the land is intended for residential or agricultural use and is surrounded by other properties. Another option is negotiating with adjacent property owners for a right-of-way or easement. If negotiations do not succeed, legal action may be necessary. Litigating an easement, especially for necessity, could involve filing a suit in circuit court if discussions fail, as detailed in "Florida Statutes Section 704. 04. 04, " to ascertain the existence of the easement and determine compensation. It is essential to consider potential legal costs and disputes with neighbors, and to seek advice from a real estate attorney, as advised in resources like "Rocket Mortgage. "

Features

  • Lot Size: 283 x 265 x 110 x 8
  • Pet Policy: Yes
  • MLS#: A4650255
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4650255/inaccessibletrack_jensenbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/11/2025 1:17:09 PM)
Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE   Phone: 941-254-6467

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

INACCESSIBLE TRACK, Jensen Beach, FL, 34957

$75,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $60,000 $60,000 $60,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $379 $394 $502
Total Monthly Payment $454 $469 $577

* 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.