**** SELLER FINANCING AVAILABLE****
*** This is being sold as a package with MLS # TB8322661 (price for package is $499, 000) ***
Rare opportunity to own a one-of-a-kind 3. 3-acre property in a peaceful rural setting just minutes from Port Charlotte, Englewood, Boca Grande, and Gulf beaches. This unique estate includes two adjacent lots: one featuring a charming 2-bedroom, 1-bath “Old Florida” cottage with heart pine floors, a tin roof, tropical gardens, and a heated Endless Pool swim spa, along with three guest cottages (with electric and water), summer kitchen and various sheds. The second lot, a 2. 5-acre parcel bordering a private lake, offers a cleared site ready for your dream lakefront home, complete with a well, reverse osmosis system, finished workshop, outdoor shower, RV hookup, and stunning views of local wildlife. Ideal for a private retreat, income potential, or recreational use, this property combines serene country living with convenient access to nearby amenities, the Myakka River, and the Gulf of Mexico.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,500
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 | $199,600 | $199,600 | $199,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,311 | $1,327 | $1,698 |
Total Monthly Payment | $1,386 | $1,402 | $1,773 |
* 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.