Presented byDawn Bear |
This charming lot in the Gulf Cove community of Port Charlotte offers an excellent opportunity to build your dream home. Located in a peaceful area surrounded by both residential properties and undeveloped land, this lot sits in Flood Zone X/AE. With an optional HOA, you can take advantage of perks like a community boat ramp and park—perfect for those who love boating and outdoor activities. The surrounding area is known for its gorgeous beaches, scenic waterways, and the beautiful Myakka River, providing endless options for recreation and nature lovers alike. Port Charlotte’s relaxed atmosphere and charming local culture make this the perfect spot to build your ideal retreat. Don’t let this opportunity pass you by—make this lot the foundation of your future home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$26,400
Luxury Properties Specialist
William Raveis Real Estate
Phone: 941.468.7224
Dawn.Bear@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 | $21,120 | $21,120 | $21,120 |
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 | $141 | $140 | $181 |
Total Monthly Payment | $216 | $215 | $256 |
* 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.