This lot is situated on a tranquil street, ideal for building your dream home—whether you’re planning to retire or raise a family. Gulf Cove offers a welcoming community with no deed restrictions and features a fantastic private waterfront park complete with a playground, fishing spots, and a private boat ramp providing quick, direct access to the Myakka River and Charlotte Harbor. It's truly a Sportsman’s Paradise. Conveniently located less than 15 miles from I-75, this location ensures an easy commute to various destinations. Additionally, it's only 10 miles from Chadwick Park at Englewood Beach, known for its stunning sunsets, and 6 miles from South Englewood, which offers a range of shopping and dining options. Sports enthusiasts will appreciate the proximity to Tampa Bay Rays spring training, fairgrounds, and multiple golf courses, as well as some of the best boating and fishing in Florida. Spring training for the Red Sox, Orioles, Twins, and Braves is all within an hour's drive. Priced to sell, this lot represents a great opportunity for investors or end-users alike.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $10,800 | $10,800 | $10,800 |
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 | $73 | $72 | $91 |
Total Monthly Payment | $148 | $147 | $166 |
* 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.