CLEARED AND READY TO BUILD SOUTH FACING Waterfront Lot located on the Panama Waterway. Adjacent Lot (D6135370) also available – making this a double lot with 217 ft waterfront together with ample room for dockage and multiple lifts. Enjoy breathtaking views but also easy access to the pristine waters of Charlotte Harbor and the Gulf of Mexico.
Whether you buy one or both of these lots – this is a fabulous opportunity to own property in the water wonderland of South Gulf Cove with over 50 miles of navigable waterways, various parks, playground and sidewalks for biking and walking. All utilities are in place making this a PRIME LOCATION to build your new home on a KEY LOT with long water views into intersecting canals and wonderful daily sunsets.
South Gulf Cove is a deed restricted, Boating Community with a voluntary HOA. Take a short car ride to the Gulf Beaches of Boca Grande, Englewood, or Manasota Key to name a few where you will find world class fishing and sand between your toes. Other area amenities include boating, golfing, fine dining, and the Charlotte Sports Park welcoming the Tampa Bay Rays. Fly direct into several nearby international and regional airports offering a wide variety of destinations.
Come and build your Coastal Paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$188,500
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 | $150,800 | $150,800 | $150,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,029 | $1,002 | $1,283 |
Total Monthly Payment | $1,104 | $1,077 | $1,358 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.