JUST REDUCED!! Are you ready to live your Florida dream? Well, this 'Gulf access' waterfront property in desirable South Gulf Cove could be the perfect location for your new home! With western rear exposure, picture yourself sitting on your lanai enjoying beautiful sunsets, while overlooking your pool, and down to your dock. This 10, 000 sq. ft. lot has public water, sewer, and power already available. Newer homes nearby, and more construction occurring throughout the subdivision, making it one of the fastest-growing in the County. Yet there are still plenty of natural surroundings. There are Deed restrictions, but the HOA is voluntary. If you're ready to build, we can refer several local builders to help you achieve your goal. With 80 feet on the Galaxie Waterway, you can fish from your backyard, or cruise the 55 miles of canals. Just two bridges out to the Interceptor Lagoon, and then the lock leads you to the Myakka River, Charlotte Harbor, and Gulf of Mexico. A public boat ramp, several neighborhood parks, and wide multi-use pathways on some of the main roads, are just a few reasons to consider saying 'YES' to this address! Convenient for all local amenities; boating, fishing, kayaking, cycling, golf, nature trails, shopping, dining, entertainment, area beaches, etc. Just a short drive to world-famous Boca Grande, or visit beautiful Englewood Beach and historic Dearborn Street. Catch some baseball at the Charlotte Sports Park, Spring Training home of the Tampa Rays. Check out the various events at the Charlotte County Fairgrounds. Port Charlotte Town Center Mall, and historic Punta Gorda are all within easy reach. Escape cold winters and snow, and come enjoy life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$99,000
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 | $79,200 | $79,200 | $79,200 |
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 | $527 | $526 | $679 |
Total Monthly Payment | $602 | $601 | $754 |
* 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.