Vacant Lot for Sale in North Port: Prime Opportunity Awaits! Discover the potential in a prime piece of land nestled in the heart of North Port, Florida. This spacious 10, 000 square-foot lot presents a remarkable opportunity for builders, investors, or anyone looking to be part of a vibrant, growing community. Surrounded by new construction, the area is buzzing with development and promise. The lot is ready for development, offering straightforward and cost-effective construction possibilities. Its generous dimensions (80'x125') provide ample space for a large single-family home, or custom-designed project tailored to your vision and needs. Located in an accessible and sought-after part of town, this property is close to local amenities, schools, and parks, making it an ideal spot for residential development. With easy access to major roads and highways this lot presents many opportunities. Whether you are looking to embark on your next construction project or invest in a property with significant growth potential, this lot in North Port is a blank canvas waiting for your blueprint. Don’t miss out on this exceptional opportunity to shape the future in one of the most desirable areas of the city.
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Our Executive Mortgage Banker:
Our Insurance Division:
$28,900
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 | $23,120 | $23,120 | $23,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $154 | $154 | $195 |
Total Monthly Payment | $229 | $229 | $270 |
* 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.