THIS LOT HAS SURVEY! Exceptional Property Opportunity in Port Charlotte, FL
Presenting a prime real estate opportunity with this beautiful lot located in the desirable Flood Zone X in Port Charlotte, Florida. Spanning 80 feet by 125 feet, this property offers ample space for either the construction of a stunning residential home or a promising investment venture.
Port Charlotte is a thriving community known for its scenic beauty, family-friendly atmosphere, and recreational amenities. The region features an array of outdoor activities, including boating, fishing, and golfing, thanks to its proximity to the Gulf of Mexico and numerous lakes. This lot is conveniently located just 20 miles from the pristine beaches of the Gulf Coast, providing easy access to sun, sand, and sea.
Additionally, Port Charlotte boasts a vibrant local economy, with convenient access to schools, healthcare facilities, and shopping centers. The lot's location in Flood Zone X is advantageous, as it typically signifies a lower risk of flooding compared to other areas, offering peace of mind for future development.
Whether you are looking to build your dream home or seeking a valuable investment in a growing area, this property presents a remarkable opportunity. Act now to secure your place in this flourishing community and enjoy the best of both tranquil living and coastal recreation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$21,900
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 | $17,520 | $17,520 | $17,520 |
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 | $117 | $116 | $148 |
Total Monthly Payment | $192 | $191 | $223 |
* 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.