Large waterfront lot with approximately 102 ft of shallow water draft frontage along the Amberjack Waterway which leads to Coral Creek, the ICW and Gulf of Mexico! Located within the gated and deed restricted community of Coral Cove with only 25 single family lots, this quiet and peaceful location is surrounded by nature. Take your kayak, stand up paddleboard or flats boat out from your very own existing dock into the magical waters of Coral Creek and the ICW in minutes. The Seller has also installed new 3ft x 6ft large size rip rap along the lot’s entire waterfront. As a bonus, there is a full set of engineered plans for two new boat slips with two 8, 000 lb lifts under a hard cover with common dock. Sidewalks adjacent to the front gate allow for easy and safe walking and biking, with access to the 7-mile Pioneer Trail. Located in Placida, Fl, this property is only 2 miles to the beaches, shops and restaurants in Boca Grande. Close by are numerous private and public golf courses.
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,000
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 | $279,200 | $279,200 | $279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,834 | $1,856 | $2,355 |
Total Monthly Payment | $1,909 | $1,931 | $2,430 |
* 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.