INVESTORS AND BUILDERS TAKE NOTE: CLEARED AND FLAT, RESIDENTIAL LOT WITH LONG VIEW LAKE FRONTAGE AND SOUTHERN EXPOSURE! Build your home here and your Buyers will love it! Buyers - this location is very desirable. This popular Burnt Store Lakes community has deed restrictions and public water and sewer to enhance your property values! With more space between lots than other subdivisions, you'll love building your new home here in Florida paradise. SOUTHERN EXPOSURE KEEPS YOUR POOL WARM IN WINTER! This lot is IDEALLY LOCATED JUST ONE STREET AWAY FROM BURNT STORE MARINA where you'll have fast, direct boating access to Charlotte Harbor and the Gulf, and a host of amenities you can enjoy such as waterside dining at Cass Cay restaurant, a challenging public 27 hole Executive golf course, Clubhouse with Linkside restaurant, tennis, fitness, Freedom Boat Club, Platinum Point Yacht Club and world-class boating and fishing just minutes away. Burnt Store Lakes also has it's own community park for gatherings and a kayak launch for direct access to the Harbor. This lot is located on a QUIET SIDE STREET with attractive homes and an active, friendly community just waiting for you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$75,000
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 | $60,000 | $60,000 | $60,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $399 | $399 | $506 |
Total Monthly Payment | $474 | $474 | $581 |
* 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.