Under contract-accepting backup offers. Welcome to the beautiful deed restricted Rotonda Meadows! The property is located just minutes away from the gorgeous Beaches on Boca Grande with world class Tarpon fishing and over six semi-private golf courses, shopping, fine dining. Minutes from the Rays stadium to catch a game. This area is starting to grow. Buy now while prices are still affordable. The property has public water and sewer. Ready for your dream home in paradise! Located in the planned southern Cape Haze communities of Rotonda Villas & Meadows, this property is in a quiet neighborhood where new homes are being built. This CLEARED lot is ready for your dream home with power, water and cable available. New construction is everywhere you look! Super low annual HOA fees to keep your neighborhood looking beautiful. What makes this area so unique- Rotonda Meadows has gorgeous lakes, wildlife areas, is quiet, and minutes to boat ramps, golf courses (Rotonda has 7 nearby), the 9-mile Placida Bike Trail and only minutes to world famous world-class fishing, boating, sailing, beaches. Rotonda Meadows of Placida is nestled between Punta Gorda and Sarasota. Buyer is responsible for due diligence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$14,500
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 | $11,600 | $11,600 | $11,600 |
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 | $78 | $77 | $98 |
Total Monthly Payment | $153 | $152 | $173 |
* 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.