2. 5 Acres of high and dry Agriculturally zoned land in the heart of Punta Gorda, Florida! This parcel of land, ideally located in the Charlotte County Ranchettes, presents an exceptional opportunity for those wanting to get out of city limits and restrictions. Situated in a prime agricultural zone, this cleared parcel offers endless possibilities for farming ventures, allowing you to cultivate your own crops or raise livestock for business or pleasure. Only 400 feet from paved road! The Ranchettes is a 2, 400 acre dirt road neighborhood perfect to ride your horses, SXSs or 4 wheelers and meet your good 'ole neighbors. Conveniently positioned close to I75 interchanges, accessing major transportation routes for commuting is a breeze, making this location ideal for those who value connectivity and accessibility. Additionally, the proximity to downtown Punta Gorda (a quick 10 minute drive) ensures that you're never far from restaurants, shops and events that the area has to offer. For added convenience, grocery stores are just a stone's throw away (5 - 10 min), allowing you to easily stock up on essentials without the long drives. Don't miss out on the chance to own a piece of agricultural bliss in Punta Gorda, where rural charm meets modern convenience.
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Our Executive Mortgage Banker:
Our Insurance Division:
$180,000
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 | $144,000 | $144,000 | $144,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $946 | $957 | $1,214 |
Total Monthly Payment | $1,021 | $1,032 | $1,289 |
* 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.