Discover this unique and coveted buildable land opportunity located on a pristine finger canal, just two lots away from a stunning, deep lake in Rotonda Sands. This vacant lot boasts two exceptional features that set it apart from the rest.
First, this lot is situated on a finger canal, with the lots along the opposite side appearing unbuildable due to their designation as submerged land. Secondly, this lake is not only large but also incredibly deep. Around 2000, contractors were hired to deepen the lakes in Rotonda Sands, and the excavated waters were utilized as fill for construction sites and roadways. The increased depth of the lake makes it challenging for vegetation to thrive at the waterline, maintaining the lake's exceptional clarity and vivid blue hue.
Additionally, this lot is conveniently situated on a cul-de-sac, ensuring uninterrupted privacy for its future owner. The serene dead-end street means minimal traffic, allowing you to enjoy the breathtaking surroundings without disturbance.
To fully appreciate the beauty and charm of this lot and its stunning surroundings, please go direct and view this amazing property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$30,000
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 | $24,000 | $24,000 | $24,000 |
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 | $166 | $162 | $204 |
Total Monthly Payment | $241 | $237 | $279 |
* 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.