Englewood's Hidden Gem: A Vacant Lot with Unlimited Potential!
Are you ready to build your dream duplex or perhaps a secret lair for your growing collection of inflatable pool toys? Look no further! This prime multi-family residential lot in Englewood, FL, is begging for your imagination (and building permits).
Picture this: You, sipping a mojito on your future balcony, watching the Florida sunset while your neighbors wonder, "How did they score such an amazing spot?" Whether you're itching to break ground tomorrow or planning to sit on this golden egg until the time is right, this lot is your ticket to coastal living glory.
Nestled in the heart of Englewood, aka "Florida's Best Kept Secret" (don't tell anyone), this property puts you just a stone's throw away from:
1. Pristine beaches (sand castle building skills not included)
2. World-class deep-sea fishing (fish tales get bigger here)
3. Charming local culture (prepare for an influx of flamingo-themed decor)
Located just 26 miles west of Punta Gorda and 30 miles south of Sarasota, you'll be close enough to the action but far enough to avoid the tourist traps. It's the perfect balance of "ahh" and "aha!"
Don't let this opportunity slip through your fingers like sand on Englewood Beach. Grab this lot before someone else realizes they can fit not one, but TWO houses on it. Your future self (and your future tenants) will thank you!
P. S. Act now, and we'll throw in a complementary Florida sunshine guarantee!*
*Guarantee void on cloudy days and during surprise afternoon showers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$49,900
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 | $39,920 | $39,920 | $39,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $259 | $256 | $332 |
Total Monthly Payment | $334 | $331 | $407 |
* 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.