Beautiful Cleared Double Lot in sought after Burnt Store Lakes in Punta Gorda. The adjacent lot is available as well for over a 3/4 acre estate. This lot is ideal for building your dream home or investment property. With public utilities already in place, the path to development is smooth and ready for your vision. Property is located on a greenbelt providing additional privacy & beautiful open spaces. As part of this deed-restricted community, you'll enjoy access to a canoe/kayak launch, providing a tranquil escape to the waters of Charlotte Harbor. A park and picnic area offer the perfect setting for relaxing or entertaining. Located next to Burnt Store Marina and golf course, Southwest Florida's largest deep-water marina, the property caters to both golf and boating enthusiasts. Conveniently situated near US 41, I-75, Punta Gorda Airport, and Southwest Florida International Airport, you'll have quick access to dining, shopping, and the stunning beaches of southwest Florida. Don’t miss your chance to invest
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William Raveis Real Estate
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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 | $68,000 | $68,000 | $68,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $452 | $452 | $573 |
Total Monthly Payment | $527 | $527 | $648 |
* 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.