Now on the market is a stellar opportunity to bring the keys home everyone dreams of to life! This is a vacant residential lot with superior potential. Seller has two lots back to back that can be turned into a newly developed estate located in the heart of key largo. The last 2 empty lots available at Snapper and Lobster Ln. Rogo ( Rate Of Growth Ordinance) is a point system that the state of Florida uses to regulate how much NEW construction is allowed in the Florida Keys. This system DOES pertain to the property, therefore rogo points need to be accumulated prior to any building being done in the lot. Any question or concern on this matter can be verified with the city of Monroe county. Each individual lot is being sold separately for $250,000
1032 Snapper Ln, Key Largo, FL, 33037
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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