MAKE OFFER!! PINE ISLAND PARADISE PRICE REDUCED!! This is truly a rare opportunity to own property in paradise! Located at this extraordinary small island community of Pine Island in the Weeki Wachee area of west central Florida, this outstanding lot has an unobstructed westerly view of the Gulf of Mexico. The amazing sunset and sunrise views from Pine Island change daily and provide food for the soul. You'll be surrounded by an abundance of nature and wildlife viewing opportunities here, and you'll be in awe of the sunset views that will be visible from the privacy of your home. The lot has already been well prepared for construction. Over 500 yards of clean fill was leveled onto the lot to provide good drainage, and trees were selectively removed to provide ample room for your island home . Remaining vacant lots on Pine Island are almost non-existent, and this one has one of the very best views on the island! Just a few blocks from this awesome lot, at the end of Pine Island Drive is a public beach park with impressive amenities. Bayport Pier and Park with public boat ramps and outstanding picnic facilities is nearby, as is the world famous Weeki Wachee Springs Mermaid attraction and Buccaneer Bay Water Park. Three other waterfront parks are located nearby, including Roger's Park on the Weeki Wachee River, where you can swim or kayak in clear spring water while you experience close-up views of manatee and other wildlife that reside on the Adventure Coast. Seller will consider making a complete set of architectural drawings available for viewing by prospective buyers. If you love the beach, wildlife, and stunning scenery, don't miss an opportunity to check out this lot while it's still available.
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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 | $199,200 | $199,200 | $199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,342 | $1,324 | $1,680 |
Total Monthly Payment | $1,417 | $1,399 | $1,755 |
* 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.