New construction is BOOMING in Burnt Store Lakes! If you are considering building a home, don't miss out on this beautiful western rear exposure lot. This lot is just under a quarter acre and dimensions are 77' x 120' x 82 'x 120'. Land is completely cleared with a greenbelt at rear of property for added privacy. Build in beautiful Burnt Store Lakes located on the shores of Charlotte Harbor and you’ll be surrounded by some of the finest custom homes in Punta Gorda. This quiet upscale community features 11 sparkling lakes, a park & picnic pavilion plus a resident’s canoe/kayak launch to scenic Charlotte Harbor. There are bike paths, walking & golf cart trails throughout the community plus a section of the park offers playground equipment. There is no requirement to build in Burnt Store Lakes so you can buy and hold for your future retirement home or investment. Community perks include public water, sewer, streetlights, and sidewalks. Vacant lots are mowed by the association to help keep our community looking great year round. Enjoy a true resort lifestyle with community sponsored events or meet ups at the park/pavilion site. The residents only boat launch is a GREAT WAY to spend the day on a water/nature trail that opens to Charlotte Harbor. Paddle Boarders LOVE this area for the shallow waters full of fishing opportunities. Golf carts are allowed throughout Burnt Store Lakes and on into the adjacent Gated Community of Burnt Store Marina offering quick easy access to the full-service marina, executive golf plus three waterfront dining venues, live entertainment, yacht club, tennis/pickle ball/fitness and boat rentals at the Freedom Boat Club. Safe Harbor Burnt Store Marina is the largest marina on the SW Coast of Florida and open to the public. Gulf waters are a short 10 nautical miles via the Boca Grande Pass. The Burnt Store Corridor is a short ride to Punta Gorda Airport and convenient to Fort Myers Airport. Come explore the beautiful waters in this SW Florida paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$54,500
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 | $43,600 | $43,600 | $43,600 |
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 | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $290 | $286 | $368 |
Total Monthly Payment | $365 | $361 | $443 |
* 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.