Prime Vacant Lot in Warm Mineral Springs, North Port, Florida. Discover the perfect opportunity to build your dream home on this exceptional vacant lot located in the serene and sought-after Warm Mineral Springs area of North Port, Florida. This lot is situated in a non-flood X zone and a non-scrub jay X zone, ensuring peace of mind and ease of development. Enjoy the therapeutic benefits of the renowned Warm Mineral Springs, known for its healing waters and tranquil environment, just a short distance away. Sports enthusiasts will appreciate the proximity to the Atlanta Braves Spring Training Center, offering easy access to exciting baseball games and events. Only 45 minutes from the stunning Gulf of Mexico beaches, you can soak up the sun, swim in crystal-clear waters, and enjoy breathtaking sunsets. Embrace the Florida lifestyle with nearby boating, fishing, and a variety of water sports. The North Port Aquatic Center provides fun for the whole family with its pools and water slides. Conveniently close to shopping centers, restaurants, and entertainment options, all your needs are met. Explore the Myakkahatchee Creek Environmental Park, offering hiking trails, wildlife viewing, and a peaceful natural setting.
This lot presents an incredible opportunity to create a custom home in a vibrant and growing community. Don’t miss out on the chance to own a piece of paradise in Warm Mineral Springs, North Port, Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$34,500
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 | $27,600 | $27,600 | $27,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $186 | $183 | $233 |
Total Monthly Payment | $261 | $258 | $308 |
* 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.