Nestled along the serene banks of a picturesque canal, this vacant lot offers a unique opportunity to create your waterfront oasis. Boasting Gulf access, this property provides a gateway to endless maritime adventures and the tranquil beauty of coastal living.
Situated in a coveted location, the lot features a generous expanse of untouched land, inviting you to design and build the home of your dreams. Imagine waking up to stunning water views, enjoying the gentle rustle of palm trees, and relishing in the peaceful ambiance that comes with waterfront living.
The canal access not only adds a touch of luxury to your lifestyle but also opens up a world of possibilities for water enthusiasts. Whether it's boating, kayaking, or simply watching the sunset from your private dock, this lot offers a prime location for those seeking a harmonious blend of nature and recreation.
Conveniently located near essential amenities and surrounded by the beauty of the Gulf, this vacant lot on the canal presents an extraordinary canvas for creating a personalized haven in a waterfront paradise. Seize the opportunity to turn your vision into reality and embrace the allure of coastal living on this idyllic property. NO HOA community
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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 | $68,000 | $68,000 | $68,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $452 | $452 | $573 |
Total Monthly Payment | $527 | $527 | $648 |
* 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.