Exciting 5-Acre Development Opportunity in the rapidly growing Laurel Road corridor! This prime location offers easy access to I-75, Knights Trail, and U.S. 41, and is just minutes from newly established retail centers. Nearby businesses include PGT Industries and the Tervis Tumbler Headquarters, adding to the area's vibrant economy. The property is currently zoned OUE per Sarasota, but the future land use map indicates Mixed Use zoning potential. With several new residential communities within a mile and the expanding Sarasota Memorial Hospital, Venice campus, just 2 miles away, the possibilities for this site are truly limitless!
3530 Laurel ROAD E, #A, North Venice, FL, 34275
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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