Under contract-accepting backup offers. Nice building lot with city water and sewer! This future home site is located on Cape Haze Peninsula in South Gulf Cove, a deed restricted waterfront community! This future home site is located approximately 12-16 miles from Boca Grande and Englewood beaches by car. This property is 3. 8 miles from South Gulf Cove Park – where you will find: Boat Ramp, Fishing, BBQ Grills, Picnic Shelter and more. This is a great private location, close to HWY 771, south of 776 where Charlotte Sports Park is; Home of the Tampa Bay Ray’s spring training! South Gulf Cove does have a voluntary membership for the Home Owners Association. Port Charlotte is located midway between Sarasota and Ft. Myers. And is best known for: excellent golfing, fishing and boating, with pristine gulf beaches nearby! PCH 093 4940 0022
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Our Executive Mortgage Banker:
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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 | $19,920 | $19,920 | $19,920 |
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 | $134 | $132 | $168 |
Total Monthly Payment | $209 | $207 | $243 |
* 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.