Stunning Waterfront Lot in Burnt Store Lakes – Prime Location! Discover the perfect opportunity to build your dream home on this beautiful waterfront lot in the highly sought-after Burnt Store Lakes community. Nestled in a peaceful neighborhood, this expansive lot offers breathtaking views of the serene lake, creating a tranquil and picturesque backdrop for your future home. Waterfront Views. Enjoy serene water views right from your backyard. Spacious Lot with ample space to design and build the home you’ve always envisioned. Prime Location! Located in Burnt Store Lakes, a quiet yet vibrant community known for its natural beauty and proximity to Burnt Store Marina, offering boating, fishing, and golf opportunities. Community Amenities allow you to benefit from a low HOA that includes access to a park, playground, kayak launch, and a community center for gatherings. Convenient Location! Close to downtown Punta Gorda, restaurants, shopping, and Southwest Florida’s beautiful beaches. Don’t miss this rare opportunity to own a piece of paradise with unparalleled water views. Whether you’re looking to build a forever home or an investment property, this lot is a perfect choice.
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Our Executive Mortgage Banker:
Our Insurance Division:
$59,900
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 | $47,920 | $47,920 | $47,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $331 | $323 | $408 |
Total Monthly Payment | $406 | $398 | $483 |
* 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.