This lot is zoned OMI (Office, Medical, Institutional) Current use and future use in the state comprehensive plan is for commercial usage. HOWEVER there are several new homes that have been built on the street. Zoning codes show conditional use for single family home or duplex. This hidden gem has immediate access to 776 (EL JOBEAN ROAD) located on the same side of 776 as the restaurant Twisted Fork, Harley-Davidson store and a short distance from Port Charlotte Sports Park. Centennial Park (across 776 in WEST PORT) has county soccer fields, baseball fields, and Olympic sized competitive pool with a gym and other activities too! So much is going on in this Northwest area of Port Charlotte. Easy access to everything in the Murdock area of town (restaurants, shopping, education opportunities) Head west to enjoy the Gulf of Mexico beaches of Englewood and Boca Grande. This southwest area abounds with deep water or backwater fishing, join a boat club, or use the many county boat ramps in the area. 6 golf courses are west of this location. Charlotte County has numerous parks thru out the county enjoy free usage: water trails, biking trails, nature walking trails. Charlotte County and Sarasota County have such a diverse offering of cultural events and year round festivals. There are so many opportunities both in business or lifestyle. Come grow with us!
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Our Executive Mortgage Banker:
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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 | $30,800 | $30,800 | $30,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $187 | $187 | $243 |
Total Monthly Payment | $262 | $262 | $318 |
* 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.