Here’s your chance to build your dream home in the serene community of Port of the Islands! This lot offers unmatched privacy, as it backs directly onto a protected wildlife preserve, ensuring no one will ever build behind you. Included with the property is a set of building plans to jumpstart your vision, or you can design a custom home tailored to your desires. With no HOA fees, you’ll enjoy the freedom to create a space that is uniquely yours. Port of the Islands is a haven of tranquility, perfectly situated just 20 minutes from Marco Island and 30 minutes from downtown Naples. Everyday conveniences, including a Publix market and urgent care center, are less than 15 minutes away. The community provides peace of mind with 24-hour EMS and Fire services, as well as a marina featuring a public boat ramp, ship's store, and currently available boat slips for purchase. Whether you’re seeking a quiet retreat or access to unparalleled outdoor adventures, this property offers the best of both worlds. Make your dream a reality in this exceptional location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$175,000
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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $908 | $896 | $1,163 |
Total Monthly Payment | $983 | $971 | $1,238 |
* 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.