4. 92-Acre Prime Lot in Charlotte County, FL (33947) – Endless Potential Awaits! Discover a rare opportunity to own a 4. 92-acre vacant lot zoned RSF-5 in beautiful Rotonda West in Charlotte County! Located just a short drive from Florida’s pristine Gulf Coast beaches, this property offers the perfect blend of space and convenience. Potential Uses include: 1) Residential Development - Subdivide into up to 20+ homesites (maximum density) for a profitable mini-community or into multiple half-acre or 1-acre family estates with just over 1, 000 feet of paved road frontage. 2) Dream Home - Build your private oasis with expansive land for recreation, gardens, or additional structures. Why Choose This Lot? 1) Prime Location: Within the residential neighborhood of Rotonda Lakes and only 20 minutes to the stunning beaches of Englewood & Boca Grande. 2) Access to Amenities: Close to shopping, dining, golf courses, and top-rated schools. 3) Invest Smartly: Extremely limited lots this size in 33947 – ideal for developers
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$869,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $695,200 | $695,200 | $695,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,509 | $4,509 | $6,152 |
Total Monthly Payment | $4,601 | $4,601 | $6,244 |
* 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.