000 St Highway 20 Road

GREAT OPPORTUNITY FOR INVESTOR, DEVELOPER, OR END USER WITH SELLER FINANCING on this large waterfront facing lot on Hwy 20 in Choctaw Beach. A large portion of this lot is on north of Hwy 20 and a smaller portion is bay front with dock rights. Zoned residential, but can be used with some commercial uses as home office type business with a 25% floor ration on home square footage. Seller financing available 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