Delightful water frontage residential building lot on Theresa Blvd which is ideal for easy access to all the shopping and dining in the Murdock area or just a short distance from Hillsborough Blvd and onto everything North Port. Newer homes are being built in this developing area. This is a non-flood area and public water is available. Take a look at this area in Southwest Florida where there is year round enjoyment of parks, kayaking, boating, fishing, golfing, sports and beautiful natural resources. Just a short distance away is Centennial Park with all the walking trails, sports fields, swimming, fitness and Charlotte Sports Park. Boat launch areas are easily accessed and so many Gulf of Mexico beaches from Sarasota, Venice, Englewood, Boca Grande, Sanibel Island and beyond. This area celebrates year round from air shows, fishing tournaments, veteran events, farmers markets, downtown Punta Gorda events and cultural events. Buy now and build later or start designing your custom home with one of our local builders.
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Our Executive Mortgage Banker:
Our Insurance Division:
$24,500
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 | $19,600 | $19,600 | $19,600 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $130 | $130 | $165 |
Total Monthly Payment | $205 | $205 | $240 |
* 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.