BEAUTIFUL TIP LOT with Gulf access lot located in South Gulf Cove is waiting for your new dream home to be built so you can relax on your dock or lanai to enjoy amazing Florida sunsets. Lot is sitting in a prime location with over 152. 2 feet of canal water frontage. . . perfect for the avid boater having easy access within minutes to Charlotte Harbor. Easy quick boat ride to Cayo Costa, Boca Grande, Captiva, all the outer islands and the Gulf of Mexico providing some of the best fishing in all of SW Florida! Community offers a boat ramp, nice parks, close to several golf courses, world class fishing, restaurants and shopping. Only minutes to the pristine beaches of Boca Grande, Englewood and Manasota Key. Get this waterfront property while you can!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,900
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 | $127,920 | $127,920 | $127,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $884 | $862 | $1,088 |
Total Monthly Payment | $959 | $937 | $1,163 |
* 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.