An incredible opportunity in Rotonda West. A canal frontage lot on Mariner Drive is available, offering the waterfront lot on Mariner. This prime location provides easy access to electricity, as well as public water and sewer connections. Rotonda West boasts 26 miles of canals, serene ponds, and lakes filled with fish and wildlife, creating a luxurious yet natural environment. Additionally, five exceptional golf courses are strategically placed around the community, providing 99 holes for golf enthusiasts to enjoy. Broadmoor Park, spanning 165 acres, offers a lot of recreational opportunities amid stunning natural beauty. With nearly 3 miles of walking trails and endless biking routes, Rotonda West is the ideal place to reconnect with nature. Don't miss out on the chance to build your dream home in this remarkable community. The unparalleled lifestyle and natural beauty of Rotonda West await your arrival.
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Our Executive Mortgage Banker:
Our Insurance Division:
$75,000
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 | $60,000 | $60,000 | $60,000 |
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 | $399 | $399 | $506 |
Total Monthly Payment | $474 | $474 | $581 |
* 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.