Embrace the opportunity to build the home of your dreams on this pristine residential lot, 10, 030 sq ft / nestled in the tranquil neighborhood of Warm Mineral Springs, North Port, Florida. This exceptional property offers a peaceful living environment, free from the constraints of deed restrictions, and HOA fees, placing it in an ideal location for those seeking freedom and convenience in their home building journey.
Key Features: Location Excellence / Minutes away from the therapeutic Warm Mineral Springs, this lot is perfectly positioned in a quiet neighborhood, offering serenity and easy access to I-75 & Tamiami Trail.
Proximity to Amenities: Strategically located to enjoy Florida's finest beaches, exceptional golfing, public boat ramps, marinas, shopping centers, healthcare facilities, water parks, and much more. Sports fans will appreciate the closeness to the Atlanta Braves and Tampa Bay Rays Practice Stadiums, with the Historic Riverfront Downtown Punta Gorda & Fishermen’s Village just a short drive away. Venice, Sarasota, Buildable and Convenient: Ready for your custom home, offering flexibility in your construction plans.
Freedom and Flexibility: With no HOA to restrict your creativity, you have the liberty to design and build your home exactly as you envision it, in a community that supports your lifestyle choices.
Lifestyle Benefits: The proximity to Warm Mineral Springs not only promises a unique wellness experience but also positions your future home near the developing Wellen Park area, known for its dining, shopping, and recreational offerings.
Investment Potential: This is a golden opportunity to secure a piece of land in one of Florida's rapidly developing areas, offering both a high-quality living experience and promising investment potential. Don’t let this unparalleled chance slip away. Build your future in Warm Mineral Springs, North Port, FL, where your dream home awaits amidst a landscape of convenience, beauty, and peace. Act now to make this prime property yours.
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Our Executive Mortgage Banker:
Our Insurance Division:
$30,000
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 | $24,000 | $24,000 | $24,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $162 | $160 | $202 |
Total Monthly Payment | $237 | $235 | $277 |
* 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.