A perfect place to build your new home on an extra large, extra private lot in the desirable Pine Valley area of Rotonda West. This is a very special property on the outside ring of Rotonda West near the dead-end of Boundary Blvd on the south side. In this area of Pine Valley, all the lots on Boundary Blvd are extra deep, but most are 80' wide and this lot is 100' wide x 180' deep for just over 18, 000 square feet. Plenty of room for a circle driveway, or an extra large garage. To make it even more special, these lots on the south side of Boundary back up to a large wetlands preserve, great for bird watching and tons of privacy. From this property you also have immediate access to the 8-mile paved Pioneer Trail that connects to the Boca Grande bike trail. Bike to the beach and have lunch on the island! While the preserve land behind this property is a Scrub Jay habitat (along with Osprey, Egrets and Blue Herons), this lot does not require a scrub jay permit to build. If you lived here, it is a 10-minute drive to the nearest full service marina, where you can boat right out to the sandbar parties around the Boca Grande Causeway, enjoy world-class Tarpon fishing in the Gulf, or explore the barrier islands up and down the ICW. And living in Rotonda West gives you access to six different golf courses, for a full 99 holes, and Family Memberships are only $3800/year! If biking, beaching, boating, and golfing aren't enough to keep you happy, Rotonda West has many clubs to join, events to enjoy, and this property is only 12 miles to Dearborn Street in Englewood with boutique shopping, restaurants, and many outdoor festivals including art fairs, car shows and live music. Then after a full day of fun in the sun, you can come on home to enjoy the peaceful privacy this property offers, surrounded by nature.
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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 | $70,400 | $70,400 | $70,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $480 | $468 | $604 |
Total Monthly Payment | $555 | $543 | $679 |
* 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.