JUST REDUCED! NOW AVAILABLE ~ side by side lots ~ see MLS #D6129620. Build your new home on this beautiful Residential Homesite in South Gulf Cove, featuring southeastern facing backyard and new homes being built throughout this region. South Gulf Cove is a Gulf Access Waterfront Community with a public boat ramp, San Domingo Park with fitness stations and covered pavilion, St Paul Linear Park along the scenic Interceptor Lagoon, the Learning Garden, and an optional HOA of only $120 per year. This property is in a deed restricted neighborhood, with public water and sewer, and high speed Fiber Optic internet. This lot is designated as Non Scrub Jay permit according to county records. Attractive Location near world-class beaches such as Boca Grande, Englewood Beach and Venice Beach, plus 99 holes of golf in Rotonda. Very centrally located between Punta Gorda and Sarasota shopping and cultural districts, major airports, and historic landmarks. Live the Florida Gulf Coast Lifestyle ~ adjacent lot is also for sale, ref MLS #D6129620 price is per lot.
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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 | $30,000 | $30,000 | $30,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $200 | $197 | $253 |
Total Monthly Payment | $275 | $272 | $328 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.