This Oceanfront lot is steps away from some of the best dining and shopping on Hutchinson Island. There are not many lots left in this very central location on Hutchinson Island. Developers have many opportunities to design and build multi-units on this property. Depending on the size of units you can have 6-8 ground units, or if you wanted to build up you can go upto 10,000 feet safely with the setbacks possibly adding more units. There is endless opportunities with this lot and its in a prime location just two lots north of Kyle Gs Restaurant. For ideas of a Spec Home we have a listing at $5.2m which includes land, MLS # is RX-10932336. All listing information and building and zoning requirements to be verified by buyers with building department.
0 S Ocean Drive, Jensen Beach, FL, 34957
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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