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Property Description
INVESTMENT OPPORTUNITY!!! This vacant property is located in Poinciana Gardens just off US-1 in Hobe Sound. Poinciana Gardens is a subdivision in Hobe Sound, Martin County Florida that is conveniently located near US-1 south of downtown Stuart and north of Tequesta. Poinciana Gardens is only partially developed. There are currently no paved roads to access the property. It is located in a growing area, with low county taxes and no carrying costs, making for an affordable investment. Vacant land this close to the coast in Martin County is rare. The lot is zoned residential, currently unbuildable but platted lots for future development. It is also close to a preserve, golf courses, restaurants, shopping, and beach. Buyer or Buyers Agent to do due diligence. Call Martin County for parcel updates.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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