Here is a great opportunity to own a ¼ acre vacant lot in a nice area of Port Charlotte just about 2 miles from the Port Charlotte Town Center mall and all the great shops, dining, and entertainment Port Charlotte offers. Omar St is a quiet road with few homes already built, so if you’re looking for privacy but still within proximity to everything you need this could be the perfect lot for you!
This lot has 80 feet of frontage and is 125 feet deep giving you 10, 000 square feet of blank canvas to work with to build your dream home! If you would rather hold on to this great property as an investment statistically Port Charlotte has some of the least expensive land on the Gulf Coast of Florida!
Port Charlotte sits directly on the Charlotte Harbor, the second largest estuary in Florida, and Southwest Florida’s #1 spot for water-centric lifestyle such as fishing and boating! Several great attractions are within a few minutes drive such as the Charlotte Sports Park which is the spring training home of the Tampa Bay Rays, the all new luxurious Sunseeker Resort, and local beaches of Englewood and Boca Grande! Here in Port Charlotte you are also just minutes from historic Downtown Punta Gorda to the south and the grand Wellen Park to the north! Welcome to paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$22,000
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 | $17,600 | $17,600 | $17,600 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $117 | $117 | $148 |
Total Monthly Payment | $192 | $192 | $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.