Under contract-accepting backup offers. Offered FOR SALE is a residential building lot in area of lovely waterviews in the highly desired waterfront South Gulf Cove-area! This non-waterfront property located in Sect 94 falls under newly revitalized Waterview Property Owner's Association within popular South Gulf Cove, one of SW Fla's leading waterfront communities! Located on the Cape Haze Peninsula just a short distance from Boca Grande, this area of fine homes and intricate waterways is designed for anglers and is currently booming for boaters and beach-goers and residents wanting to enjoy the laid-back Florida lifestyle! The community offers 50+/- miles of deep-water, navigable waterways providing boating access from waterfront homesites and the Community/public boat ramp to endless waterways around SW Fla! Launch your boat at the boat ramp within the community and take a cruise or fishing trip out through SGC's lovely waterways into the Gulf of Mexico! Family and friends will enjoy touring the Myakka River, Charlotte Harbor, Sanibel and Captiva Islands, Cayo Costa, Boca Grande Pass and the GULF OF MEXICO! Water levels within the community are regulated by-way-of Lock to Myakka River, offering homeowners added peace of mind. SGC/Waterview Property Owner’s Assoc homeowners association membership dues and deed restrictions are considered sensible by most residents. South Gulf Cove Community offers a family-oriented waterfront public Park which includes boat ramp, covered waterfront pavilion w/picnic tables, benches and BBQ grill, along with basketball court, playground and restroom facilities! Interstate access, fine restaurants, entertainment, shopping, pristine beaches, golf courses and medical facilities all in close proximity! Come enjoy the great fishing, beaches, sunshine and relaxing lifestyle of Southwest Fla! Brand new homes being built throughout subdivision! Here's your chance to build your dream home in a community offering access to the Gulf in an area of lovely homes. Is it time to explore submitting a building permit application for YOUR FLORIDA DREAM HOME? Listing info is deemed reliable but should be verified by buyer to insure property is suitable for buyer's intended use. Details about South Gulf Cove subdivision/community, Waterview Property Owner’s Association and info pertaining to Charlotte County building and permitting regulations are available upon request. Come enjoy the beautiful waters and easy SW Fla lifestyle! BREATHTAKING SUNRISES and SUNSETS are just a “FLASH” AWAY! *PARADISE IS WAITING FOR YOU!*
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William Raveis Mortgage, LLC
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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 | $31,920 | $31,920 | $31,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $194 | $191 | $252 |
Total Monthly Payment | $269 | $266 | $327 |
* 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.