Amazing Opportunity to purchase not one but TWO ADJACENT WATERFRONT Residential Homesites in the highly desired Gulf Access Community, South Gulf Cove (see MLS D6137733) WOW! This stunning residential lot, located in the sought-after Section 93, is the perfect place to build your NEW Dream Home. With the combined lots, you'll enjoy 160 feet of Water Frontage, featuring concrete SEAWALL, public water and sewer, and power readily available. They are currently designated as Non Scrub Jay Permit zones, according to county record, saving you $$$ when you build. And this nearly 1/2 Acre Parcel offers everything you need to create your ideal COASTAL retreat with plenty of room for a spacious Home, Pool and Spa, Detached Garage, In Law Suite, Large Yard for Big Toys, and so much more! Live in the lap of luxury in your custom home, with west-facing backyard and spectacular sunsets from your future Lanai. Imagine fishing, boating, kayaking and more from your own backyard, with more than fifty miles of navigable waterways with direct access to the Gulf of Mexico via the Charlotte Harbor. Conveniently located near Boca Grande, gorgeous Gulf beaches, downtown Punta Gorda, fast-growing North Port, shopping, dining, world-class fishing, golfing, and major airports, this lot offers an unmatched LOCATION and VALUE! Don't miss this rare opportunity—call today for floor plans and pricing for new home construction options with local builders, and start living the dream! Price is per lot, preferably sold together.
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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 | $143,200 | $143,200 | $143,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $977 | $952 | $1,208 |
Total Monthly Payment | $1,052 | $1,027 | $1,283 |
* 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.