Seize the OPPORTUNITY to BUILD or INVEST on OVER HALF AN ACRE with ZERO WORRIES OF ANYONE BUILDING BEHIND YOU!! That's right!!! The property behind these 2 beautiful lots is owned by Charlotte County and is designated specifically for parks/open spaces/forests. So no concern of any construction to invade your privacy!! These parcels (both to be sold together) are situated in the WATERFRONT COMMUNITY of South Gulf Cove, recognized for its 55 miles of CANALS and wildlife bird sanctuary. Main roads feature multi-path sidewalks for your comfort and safety and there is an optional HOA membership if desired, all located on a QUIET CIRCULAR STREET with minimal homes. You'll benefit from access to the COMMUNITY BOAT RAMP, or you can select one of the many marinas and public boat launches nearby, allowing you to venture directly into the open waters of Charlotte Harbor or sail out to the Gulf of Mexico and beyond! Fresh seafood, including tarpon, snook, and redfish, is just within reach. The PRISTINE GULF BEACHES such as Boca Grande and Manasota Key are just a short distance away for those looking to bask in the sun and surf! There are ample opportunities for golfing, shopping, fine dining, live entertainment, farmers' markets, and various cultural events to enjoy. This area boasts a charming small-town atmosphere, yet larger cities like Sarasota or Fort Myers are only about an hour's drive away in either direction. You'll also find that regional airports are conveniently close. We have a list of reputable builders. . . . the building boom is still hot!!! We also have mortgage brokers who can FINANCE this property with a conventional loan. . . . ask me for details!!!
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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 | $76,000 | $76,000 | $76,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $499 | $499 | $636 |
Total Monthly Payment | $574 | $574 | $711 |
* 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.