Welcome to your opportunity to build your dream waterfront home in the esteemed community of Rotonda West! Nestled on the prestigious Ted McAnlis-designed White Marsh golf course, this vacant buildable lot offers breathtaking lake views and a rear southwest exposure that promises spectacular sunsets. Imagine waking up to the tranquil sounds of nature and stepping onto your back porch to take in the serene beauty of the shimmering lake. With this prime location, you have the perfect canvas to design and construct the waterfront oasis you've always dreamed of. For golf enthusiasts, the community boasts access to five public golf courses, totaling 99 holes of championship-level play. After a round of golf, unwind at the modern 8, 000 square foot community center, which hosts various events to foster a vibrant community spirit. Nature lovers will appreciate the miles of walking trails that wind through the community, providing ample opportunities to connect with the serene beauty of the surroundings. Just a short distance away, explore the pristine shores of Boca Grande and Manasota Key for sun-soaked adventures and tranquil beach days. Indulge in the cultural and culinary delights of downtown Olde Englewood Village, where charming shops and restaurants await. The area's network of canals, lakes, and ponds adds to the idyllic setting, offering opportunities for boating, fishing, and water recreation. This property isn't just a homesite; it's the beginning of your journey to creating the waterfront retreat you've always envisioned. Seize the opportunity to build your dream waterfront home in this vibrant and sought-after community. Don't miss out on the chance to turn your vision into reality in this prime location! Property is currently joined to the adjacent lot next door. Seller will subdivide . 22 acre lot at closing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$69,900
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 | $55,920 | $55,920 | $55,920 |
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 | $372 | $372 | $472 |
Total Monthly Payment | $447 | $447 | $547 |
* 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.