Gulf access waterfront lot, with southern rear exposure, only 1 bridge out, and public water, sewer & power available, in desirable South Gulf Cove. This Deed restricted community, with a voluntary HOA, is one of the fastest growing in the County. New home construction throughout the subdivision, with several newer homes on this street, but still plenty of natural surroundings. Located just off St. Paul Drive, which has a 2. 5 mile linear park running north & south along the edge of the Interceptor Lagoon with a wide multi-use pathway, and several benches to sit and enjoy the view. The pathways continue for miles on most of the main roads, creating a loop. Great for walking, cycling, jogging, etc. There are several other parks, including The Learning Garden on Blake Drive and the South Gulf Cove Park om Amicola Street. The latter has a playground, covered pavilions, BBQ grills, and a public boat ramp. Convenient for all local amenities; boating, fishing, kayaking, cycling, golf, nature trails, shopping, dining, entertainment, area beaches, etc. Close to world-famous Boca Grande, or visit beautiful Englewood Beach and historic Dearborn Street. Catch some baseball at the Charlotte Sports Park, Spring Training home of the Tampa Rays. Check out the various events at the Charlotte County Fairgrounds. Port Charlotte Town Center Mall, and historic Punta Gorda are just a short drive away. Escape cold winters and snow, and come enjoy life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$105,000
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 | $84,000 | $84,000 | $84,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $566 | $558 | $708 |
Total Monthly Payment | $641 | $633 | $783 |
* 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.