Take advantage of the opportunity to own / develop a 6. 4 +/- acre parcel already zoned CG in Rotonda Heights - part of the larger rotonda West Community. IDeal site for multi-unit retail, restaurant, indoor climate-controlled storage, or multi family buildings. This area is known for its unique design featuring a series of canals, golf courses and green spaces situated near the Gulf of Mexico, making this a popular community for homeowners who want to enjoy the best of the Florida lifestyle. This parcel has 900+ feet of road footage with over 600 +/- feet of wide lake views with 14, 494 households within a 10-minute drive time with an additional 11, 000 households within a 15-minute drive time. Don’t miss this opportunity to become an integral support system of a residential community that is continually growing and increasing the visibility and customer base of your business. Depending on your business vision (and zoning) - create a steady source of income by catering to the needs of the community, creating multi-family dwellings, or capitalizing on the tourist destination that has a steady influx of visitors.
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
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 | $332,000 | $332,000 | $332,000 |
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 | $2,293 | $2,237 | $2,824 |
Total Monthly Payment | $2,368 | $2,312 | $2,899 |
* 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.