Nestled in the rapidly expanding city of Port Charlotte, this oversized corner lot presents a unique opportunity for building your dream home. The location offers the perfect balance between the old Florida charm and a refuge from the hustle and bustle of the big city. The lot's quiet backdrop is complemented by the short drive to the commercial corridors of Port Charlotte, where you will find an array of amenities.
The city of Port Charlotte is a charming destination, known for its peaceful atmosphere and rich character. It is only a stone's throw away from the sandy beaches of the stunning Gulf of Mexico and an assortment of award-winning fine dining establishments. Renowned golf courses and the Charlotte Sports Park, the spring training facility for the Tampa Bay Devil Rays, are also easily accessible.
Key features of this prime property include a completely cleared lot that is ready for your unique architectural vision. Permits have already been secured, allowing you to start your project without delay. Another significant advantage of this lot is access to public water, which is a valuable asset in Port Charlotte.
Moreover, the lot is conveniently located with a short 9-minute drive to Costco for all your essentials. The vibrant Wellen Park community is just a 10-minute commute away, offering a variety of activities and attractions. Lastly, the breathtaking beaches are a convenient 30-minute drive, providing the perfect setting for relaxation and unwinding.
Seize this opportunity to create your idyllic retreat in Port Charlotte – a place where the charm of yesteryear meets modern-day convenience. Building your dream home on this exceptional corner lot will not only provide you with a serene living environment but also give you easy access to the city's many offerings.
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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 | $34,400 | $34,400 | $34,400 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $229 | $229 | $290 |
Total Monthly Payment | $304 | $304 | $365 |
* 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.