Seize the opportunity to own this oversized vacant lot in the highly sought-after Burnt Store Village – the perfect spot to create your new home. This prime location offers public water and sewer access, and stunning Southwest sunset views from your future lanai. Situated right next to a scenic greenbelt and the community walking path, you'll enjoy easy access to Burnt Store Village Park, just a short stroll away. The park features a peaceful pond with a soothing water feature, a playground, gazebo, picnic areas, and plenty of shaded spots for relaxation. Burnt Store Village boasts 139 acres of pristine common area open space, with beautifully landscaped entrances and a spacious, open atmosphere. Located centrally between downtown Punta Gorda and Fort Myers, this neighborhood offers easy access to all the best attractions in Southwest Florida. From nature trails, biking paths, and the new Charlotte County public library to world-class fishing, boating, award-winning restaurants, and pristine beaches – everything is at your fingertips. Plus, enjoy close proximity to the Burnt Store Marina, numerous golf courses, and exciting local events, concerts, and shows at the Charlotte Harbor Event Center.
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Our Executive Mortgage Banker:
Our Insurance Division:
$55,000
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 | $44,000 | $44,000 | $44,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $300 | $292 | $371 |
Total Monthly Payment | $375 | $367 | $446 |
* 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.