RARELY AVAILABLE OVERSIZED WATERFRONT LOT IN THE DESIRABLE WATERFRONT COMMUNITY OF SOUTH GULF COVE! With an AMAZING 133 FT OF WATER FRONTAGE! and BEAUTIFUL INTERSECTING CANAL VIEW, this is a PRIME LOCATION for YOUR FLORIDA DREAM HOME! With Many Reputable Local Home Builders, You'll Be Living the Envied Florida Lifestyle in no time! With World Class Fishing, Boating, Shelling, Golfing, Bird Watching and So Much More to Enjoy! Gorgeous Gulf Beaches are Nearby, including Popular Boca Grande, Manasota Key and Englewood to name a few! Enjoy your mornings with your favorite beverage watching the Beautiful Sunrise, with eastern exposure from your lanai! You can Fish from your own Dock for Many Varieties, including Snook, Red Fish, Tilapia, Small Tarpon, Mullet and more! South Gulf Cove is a Popular, Fast Growing Boating Community that includes a Playground, Parks, Public Boat Ramp, Recreation Center and more! With Only One Bridge Out and Quick Boating Access to the Interceptor Lagoon, Where You Can Spend the Day Fishing or just Lounging on Your Boat! Or go out through the South Gulf Cove Lock (now manned) for a short ride to the Charlotte Harbor and Out to the Gulf of Mexico! Nearby to Shopping, Restaurants, Golfing and Beautiful Gulf Beaches! HOA is Optional.
This Oversized Waterfront Lot Boasts 13, 346 square feet to Accommodate a Spacious, Forever Home! Venture to Charlotte Harbor and the Gulf for More Amazing Fishing and Dolphin Sightings! For the Adventurer, Continue on to the Boca Grande Pass and out to the Gulf of Mexico for an Extraordinary Day of Fishing, Water Sports, Island Hopping, Swimming and So Much More!
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Our Executive Mortgage Banker:
Our Insurance Division:
$148,000
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 | $118,400 | $118,400 | $118,400 |
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 | $808 | $787 | $1,015 |
Total Monthly Payment | $883 | $862 | $1,090 |
* 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.