Great package of 16 building lots located in the deed restricted community of the Rotonda Villas. The subdivision is within a ten minute drive of world famous Boca Grande, area beaches and multiple golf courses. Publix and multiple retailers are within a five minute drive. The subdivision has central water and sewer available to each lot provided by Charlotte County utilities. Power is in the area provided by FPL and will need to be extended to each individual lot. All lots are zoned for single family homes with HOA guidelines requiring a minimum living area of 1,400 sqft with a two car garage. Lots are currently wooded.
12385 Sedan ROAD, Placida, FL, 33946
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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