Don't miss this rare opportunity to own a cleared lot in Mariners Cove, a unique and in-demand direct gulf access community situated on the picturesque Estero River. This lot is deeper than most and is just a short walk from the community amenities. Not only do residents enjoy low monthly fees ($131) it's not a land lease as you own the land! While there is currently a waitlist to lease a boat slip (with lifts, electricity & water), all residents have access to the community boat ramp at no charge. Monthly fee includes lawn/land maintenance, water, trash removal the recreation facilities and more. Close to shopping, beaches, and the airport, Mariner’s Cove is perfect for seasonal residents, but with all the community activities and events they offer, you’ll want to stay for the fun all year round. Sorry, no pets allowed…but golf carts are. With AFFORDABLE options and low wait times WHY NOT BUILD NEW AND UP TO THE LATEST CODES?
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Our Executive Mortgage Banker:
Our Insurance Division:
$57,900
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 | $46,320 | $46,320 | $46,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $308 | $308 | $397 |
Total Monthly Payment | $383 | $383 | $472 |
* 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.