Great lot located in Palm Island Resort. If off the beaten path is for you, this is it. Located on a barrier island with no bridge Palm Island's location is perfect to build your dream island home. Enjoy the access to 7 miles of unspoiled beach, a calendar full of activities, or relaxing by the pool. The resort is a golf cart community, no vehicles allowed, enhancing the peacefulness of the tropical surroundings. Between Ft. Myers and Sarasota the island offers proximity to several area airports. Make it your getaway destination or your tropical island home. Check it out to start enjoying island time soon.
7141 Rum Bay DRIVE, #Lot 83/84, 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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