Nestled in the picturesque community of Port Charlotte, Florida, this vacant lot offers an exceptional opportunity to invest in the thriving real estate market of the Gulf Coast. Situated in a quiet neighborhood, this lot is a canvas awaiting your dream home or investment project.
Key Features:
Location: This lot is perfectly located in a tranquil residential area in the heart of Port Charlotte. It is conveniently close to shopping centers, restaurants, schools, and recreational facilities, ensuring easy access to all essential amenities.
Size and Dimensions: This generously-sized lot measures approximately 80X125 square feet, providing ample space for designing a spacious home, a lush garden, and more.
Desirable Neighborhood: Port Charlotte is known for its friendly community and beautiful surroundings. The neighborhood is surrounded by pristine waterways and lush greenery, offering a peaceful and serene atmosphere.
Investment Potential: This lot presents an excellent investment opportunity. Whether you plan to build your dream home or consider it an investment property, this vacant lot holds significant potential for future appreciation.
No Deed Restrictions: The absence of deed restrictions on this lot allows for a wide range of construction possibilities. Build your custom home or invest in a rental property to suit your preferences.
Outdoor Activities: The region is renowned for its year-round outdoor activities. You're just a short drive away from stunning beaches, golf courses, and recreational opportunities, making it the perfect location for an active lifestyle.
Boating and Fishing: Port Charlotte offers excellent boating and fishing options with easy access to the Peace River, Myakka River, Charlotte Harbor, and the Gulf of Mexico, making it a paradise for water enthusiasts.
Sunshine State Living: Enjoy the warm and sunny climate of Florida, making it an ideal location for year-round living or a vacation home.
This vacant lot in Port Charlotte, Florida, presents a unique opportunity to create your vision of the perfect Florida lifestyle. Don't miss your chance to own a piece of paradise in this highly sought-after community. Whether you're looking to build your dream home, invest, or both, this vacant lot is a sound choice. Contact us today to schedule a viewing and take the first step towards turning your real estate dreams into reality.
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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 | $19,920 | $19,920 | $19,920 |
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 | $133 | $132 | $168 |
Total Monthly Payment | $208 | $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.