MOTIVATED SELLER - BRING YOUR OFFERS. SELLER NEEDS THIS SOLD. Are you looking for a beautiful CLEARED lot in Peace River Shores? This one could be yours! This Oversized lot is available has been cleared, surveyed, Scrub Jays mitigated as well as those darn Gopher Turtles (as of 23'). The septic engineering is paid for and is available as well. This lot is ready to be your next homesite! Peace River Shores is located about 10 miles North (headed towards Arcadia) of Punta Gorda off of US17. This up and coming subdivision is perfect for those wanting a bit of space, yet still want to see vacant land and have great neighbors. . . just a few lots away. There is an optional HOA that allows you to be a part of the community social club events for just about $125/yr and allows you access to the boat ramp. Regular single family homes are allowed as well as manufactured homes (DCA rated - meaning MODULAR with wind zone rated of 150mph, exposure C - please verify with the County Municipal Codes Sec 3-9-33 b3). All the pre-work is done for you. . . lets go!
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Our Executive Mortgage Banker:
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$20,500
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 | $16,400 | $16,400 | $16,400 |
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 | $109 | $108 | $138 |
Total Monthly Payment | $184 | $183 | $213 |
* 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.