*** DOUBLE LOT *** This property sounds like a fantastic opportunity for those interested in waterfront living in the SOUTH GULF COVE area. With its prime location just one street away from the canal and offering amenities such as CITY WATER, PUBLIC SEWER, AND HIGH-SPEED FIBER OPTIC INTERNET it provides both convenience and modern connectivity.
The proximity to popular destinations like Boca Grande, Cape Haze, and Manasota/Englewood Beaches ensures plenty of opportunities for recreation and relaxation. Additionally, access to Charlotte Sports Park and the Mayaka River State Forest offers further outdoor activities for residents to enjoy.
South Gulf Cove's community BOAT RAMP PROVIDES EASY ACCESS TO THE GULF OF MEXICO, making it an ideal location for boating enthusiasts. The availability of sandy beaches, hiking trails, biking trails, and proximity to golf courses adds to the appeal for those seeking an active lifestyle.
Furthermore, the area's amenities such as schools, shopping centers, restaurants, and medical facilities ensure that residents have everything they need within reach.
Whether you're looking TO BUILD YOUR DREAM HOME OR MAKE AN INVESTMENT for the future, this double lot in South Gulf Cove offers a promising opportunity. If you're interested in local builders, information can be provided upon request, allowing you to explore your options for constructing your ideal home in this desirable location.
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William Raveis Real Estate
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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 | $43,920 | $43,920 | $43,920 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $292 | $292 | $370 |
Total Monthly Payment | $367 | $367 | $445 |
* 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.