Welcome to the charming waterfront community of South Gulf Cove, where your dream home awaits on this extraordinary DOUBLE-TIP lot. Nestled in the heart of a charming beach town, this property offers an unparalleled opportunity to build your coastal paradise. With a generous 260 feet of waterfront, this OVERSIZED lot ensures not only breathtaking views but also easy access to the pristine waters of Charlotte Harbor and the Gulf of Mexico. This unique property is further enhanced by the neighboring multiple lots across the canal, providing a park-like setting that not only amplifies the stunning sunsets but also affords unparalleled privacy. Picture yourself enjoying serene evenings by the water's edge, surrounded by the natural beauty of this exceptional double-tip lot. Beyond the tranquility of the waterfront, the Englewood/Port Charlotte area beckons with many outdoor activities. From world-class golfing and exhilarating boating adventures to superb fishing opportunities and the allure of nearby beaches, this location epitomizes the coveted Florida lifestyle. Explore the vibrant community atmosphere where every day offers a new opportunity for adventure and relaxation. For those with a vision of a custom-built dream home, we are delighted to collaborate with local builders who can turn your dreams into reality. If you are interested in learning more about the endless possibilities this waterfront double-tip lot has to offer, do not hesitate to give us a call today. Embrace the coastal charm and make South Gulf Cove your new home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
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 | $239,920 | $239,920 | $239,920 |
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 | $1,596 | $1,595 | $2,023 |
Total Monthly Payment | $1,671 | $1,670 | $2,098 |
* 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.