GREAT OPPORTUNITY FOR AN INVESTOR, DEVELOPER OR END USER WITH SELLER FINANCING of on this LARGE Waterfront lot on highway 20 in Choctaw Beach. A large portion of this lot is north of Highway 20 and a smaller portion is bay front with dock rights. Zoned RESIDENTIAL, but can be used with some COMMERCIAL uses such as home office type business with a 25% floor ratio of the home square footage. SELLER FINANCING and avoid the banks and save closing fees!
SELLER FINANCING DETAILS:1st year 0% only for first 6month and 4% interest only second 6 months; Year 2 - 5% P&I; Year 3- 5% P&I; Year 4 - 6% P&I; Year 5-6% P&I with balloon payment. No prepayment penalty. Buyer to confirm lot dimensions, zoning and utilities.