Residential Multifamily (RMF10) lot in South Gulf Cove. Build your dream home in one of South West Florida's prime boating and beaching communities with the Myakka River, Charlotte Harbor and The Gulf of Mexico minutes away. The community offers public sidewalks, parks, which include a public boat ramp, picnic area, linear walkway, and playground. The canals and waterways provide an excellent place for kayaking, paddle boarding, and fishing. 15 minutes to the beauty of the Gulf Coast, it's clear water, and Boca Grande and Englewood beaches. Our central location between the cities of Ft. Myers to our south and Sarasota to our north opens up endless lifestyle opportunities. . Restaurants Ephesus and Johny Leaverock's will pamper you with delectable food at affordable prices while you enjoy gorgeous views of the intercostal water leading to the Gulf of Mexico. Why are you waiting call now.
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Our Executive Mortgage Banker:
Our Insurance Division:
$57,995
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 | $46,396 | $46,396 | $46,396 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $317 | $308 | $398 |
Total Monthly Payment | $392 | $383 | $473 |
* 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.