VACANT LOT IN BURNT STORE MEADOWS - Grab your place in paradise today. Property is located in the growing, deed-restricted neighborhood of Burnt Store Meadows. Build your Florida dream home here or hold as an investment. The lot dimensions for the property are 80x120x89x120. The 89ft in the back will allow you to build a large lanai. Imagine sitting on your new pool deck watching as a pair of majestic sandhill cranes stroll behind your home. The neighborhood is home to several pairs of sandhill cranes & they are often seen walking throughout the neighborhood. Nestled on a quiet cul-de-sac, the property is surrounded by a mix of older & newer custom-built homes. Lot has city water & sewer available. Enjoy quick & easy access to Punta Gorda, North Fort Myers & Cape Coral via I-75, US41 or Burnt Store Rd. Claim your spot in paradise & take advantage of everything the area has to offer including boating, fishing, biking & golf. Area also features a vibrant art & music scene.
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Our Executive Mortgage Banker:
Our Insurance Division:
$95,000
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 | $76,000 | $76,000 | $76,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $493 | $487 | $631 |
Total Monthly Payment | $568 | $562 | $706 |
* 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.