Welcome to 10310 Deerwood Ave, Englewood, FL 34224! This is an exceptional opportunity for buyers looking to build their dream home on a double lot, perfectly suited for those who want to embrace the Florida lifestyle. With its prime location in Englewood East, this property offers ample space and endless possibilities.
Spanning just under 1/2 acre at 0. 46, this double lot provides you with the canvas to create your own slice of paradise. The X flood zone designation ensures peace of mind, as no flood insurance is required. Additionally, public water hookup is available, simplifying the process of establishing your utilities.
This idyllic location offers convenience and proximity to everything that makes Florida living so desirable. Immerse yourself in the renowned sandy beaches, indulge in fantastic fishing adventures, or take your boat out for a leisurely cruise on the sparkling waters. With an array of shopping options, restaurants, and recreational activities just a stone's throw away, you'll have easy access to everything you need and more.
Don't miss out on this incredible opportunity to build your new home on this double lot in Englewood East. Embrace the Florida lifestyle and start living your dreams. Welcome to Florida!
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Our Executive Mortgage Banker:
Our Insurance Division:
$79,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $63,920 | $63,920 | $63,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $425 | $425 | $548 |
Total Monthly Payment | $500 | $500 | $623 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.