Double Lot in South Gulf Cove! Discover the perfect opportunity to build your Florida dream home on this stunning interior double lot in the distinguished boating community of South Gulf Cove. Surrounded by newly constructed upscale homes, this property offers both luxury and tranquility. Key Features: Spacious Double Lot: Plenty of space to design and build your custom home, with additional room for landscaping, a pool, or other outdoor amenities. Boating Community: Enjoy direct access to Charlotte Harbor and the Gulf of Mexico, perfect for boating enthusiasts and water lovers. Location: Conveniently located close to Boca Grande, known for its world-class tarpon fishing. Community Amenities: Community Boat Ramp: Easy access to the water for boating and other water activities. Playground: A delightful place to play and enjoy. Linear Bike/Walking Trail: Ideal for outdoor activities, promoting a healthy and active lifestyle. Future Potential: This lot is NOT located in a scrub jay zone, ensuring a smoother building process and protecting your investment. Why Choose South Gulf Cove? South Gulf Cove offers a unique combination of waterfront living, recreational opportunities, and a strong sense of community. Imagine living in a place where you can launch your boat from a community ramp, enjoy picturesque bike rides, and have access to top-tier fishing spots, all within a short distance from your home. This double lot provides the perfect canvas for your custom home, allowing you to design a space that meets your needs and reflects your style. Whether you're planning a permanent residence or a vacation getaway, South Gulf Cove is the ideal location to enjoy the Florida lifestyle to its fullest. Don't miss out on this fantastic opportunity to become part of a thriving community in one of Florida's most desirable areas. Start planning your future today in South Gulf Cove!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$69,000
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 | $55,200 | $55,200 | $55,200 |
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 | $363 | $367 | $466 |
Total Monthly Payment | $438 | $442 | $541 |
* 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.