The property encompasses 2.14-acre vacant lot, boasting approximately 100 feet of direct frontage along the serene St. Johns River. The St. Johns River is a cherished locale for fishing, boating, and leisurely swims. It's worth noting that there's palpable interest in revitalizing the waterfront, with blueprints in motion for a marina, a hospitality enclave comprising a hotel and convention center, and other recreational amenities. As Palatka progresses, this property emerges as a prime opportunity, to harness the benefits of the city's up and coming developments. Further particulars regarding the property include: Lot Size: 2.14 acres River Frontage: Approximately 100 feet Zoning: R-1HA Direct Access to the St. Johns River
Subdivision:
CEDAR CRK COUNTRY ESTATES
Development:
Cedar Creek County Estates
Lot Description:
2 to < 3 Acres,Flood Zone,Paved Road,Public Road
Middle School:
Robert H. Jenkins Jr. Middle School
High School:
Palatka High School
132 Pioneer Trail, Palatka, FL, 32177
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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