Boater's Paradise Awaits: Waterfront Homesite with an 80’ Seawall and only 2 bridges to the Myakka River! Build your dream home in the desirable Section 93 in South Gulf Cove with access to Charlotte Harbor and the Gulf of Mexico. You will have extra privacy as there is a drainage easement which won't be built on right next door! South Gulf Cove is a hidden gem nestled within Port Charlotte, Florida, offering blue skies year-round. This established community boasts over 55 miles of navigable canals, making it a boater's paradise. Imagine casting off from your own backyard and cruising through idyllic waterways. Whether you're a seasoned angler chasing trophy fish or a sun seeker longing for island adventures, South Gulf Cove provides the perfect launching pad for all your aquatic pursuits. South Gulf Cove offers a relaxed, friendly atmosphere with several charming pocket parks scattered throughout the community. This community is conveniently located for easy access to the conveniences you need. Explore the pristine beaches of Boca Grande and Manasota Key, enjoy year-round golf, MLB Spring Training baseball and a variety of dining, shopping and entertainment options nearby. Public water and sewer are readily available, along with power and high-speed internet service provided by BlueStream, ensuring a seamless building experience. Don't miss this opportunity to build your dream home on this prime waterfront lot and start living the Florida coastal lifestyle you've always envisioned. Contact us today to schedule a showing and embark on your next chapter by the sea!
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Our Executive Mortgage Banker:
Our Insurance Division:
$149,900
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 | $119,920 | $119,920 | $119,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $797 | $1,028 |
Total Monthly Payment | $873 | $872 | $1,103 |
* 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.