This oversized lot is a prime opportunity for building the home you've always envisioned. Nestled in an area experiencing a surge in new builds, this property boasts a unique feature – it backs up to a strip of land from a 3. 3-acre parcel, offering a serene and private greenspace behind and to the left of the lot. Say goodbye to HOA fees and deed restrictions, as this property provides you the freedom to customize without limitations. Enjoy the convenience of being approximately 2 miles away from a plethora of shopping and dining options, ensuring that your everyday needs are easily met. For those seeking outdoor adventures, this location is a paradise. With numerous beaches just 20 miles away, you can indulge in boating, fishing, golfing, or simply relaxing by the shore. Whether you're a water enthusiast or prefer the greens of the golf course, this area caters to all your recreational desires. As of 01/19/2024, the property is not on the North Port Scrub Jay ID list. However, it's recommended to confirm this during your due diligence period to ensure there have been no changes. Seize this opportunity to create your haven in a growing community, surrounded by nature, convenience, and endless possibilities. This lot is a must see!
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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 | $22,400 | $22,400 | $22,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $155 | $151 | $191 |
Total Monthly Payment | $230 | $226 | $266 |
* 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.