This is a great opportunity to own 2. 5 ACRE AG Zoning lot at a great price. Located close to I-75 and Oil Well Road. This is a great location with many options for use, residential development, farm- vegetable, grain, poultry, livestock breeding, Horses, Barns, Stables, Recreational facilities, Harvesting, sale of goods grown on premises, Plant Nursery, and many other uses! (please refer to the attachment on the listing for a full list of possibilities) Proximity to waterways, local beaches, dining, shopping, and golf courses makes this property ideal for the Florida lifestyle. Also, easy access to public parks with bike and walking trails and picnic areas, and boat ramps providing access to many waterways, beautiful Charlotte Harbor, and the Gulf of Mexico. Quiet rural community yet all conveniences and amenities nearby. At the time of listing this is not a Scrub Jay area. Lot measurements are estimated off of Charlotte County Appraisers website along with Zoning and Charlotte county GIS. PLEASE NOTE: Measurements shown per County GIS. Suggest buyers get a survey for actual dimensions and an environmental study to check for wetlands. Not within the Scrub Jay Permit Boundary, per the County website. Listing agent is a member of the selling LLC.
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William Raveis Mortgage, LLC
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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 | $17,520 | $17,520 | $17,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $117 | $115 | $148 |
Total Monthly Payment | $192 | $190 | $223 |
* 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.