Superb deep water home site in the boating community of South Gulf Cove. With 80 feet of water frontage with an excellent southwestern exposure this vacant property is the perfect location to build the Florida dream home. Full architectural designs for a gorgeous home for the property can be included with the purchase. Affordable luxury living with outstanding access to world-class fishing and boating waters of Charlotte Harbor and the Gulf of Mexico with numerous restaurant destinations on Captiva, Punta Gorda, Useppa Island, Fort Myers, Sanibel Island and Bokeelia. All utilities are in place, public roads and choose from dozens of excellent area builders. We have extensive experience with construction in the area and can offer information on builders, plan designers, and rough construction costs. The community offers over 50 miles of navigable waterways, multiple parks, a playground, sidewalks and a public boat ramp. The property is located near iconic and historic Boca Grande with shopping, fine dining, museums, and miles of pristine sandy beaches. Also close to the Gasparilla Marina, nearly a dozen public and private golf courses, and the fantastic beaches and restaurants of Manasota Key.
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Our Executive Mortgage Banker:
Our Insurance Division:
$109,000
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 | $87,200 | $87,200 | $87,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $602 | $587 | $742 |
Total Monthly Payment | $677 | $662 | $817 |
* 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.