HIGH AND DRY on the PITHLACHASCOTEE (COTEE) River with easy deep-water access to the Gulf of Mexico. The waterfront lot elevation offers a rare opportunity to build on-grade, no stilt house. This will save tens of thousands in construction costs. A private gated community offers a peaceful, quiet and secure riverfront setting. Just add your own dock and lift. Deep water for large boats. Lot is cleared and ready for building. Located near downtown New Port Richey, just south of Main Street. New Port Richey is a golf cart friendly community offering numerous restaurants, breweries, Live theater, shopping, and entertainment. Music and festivals are held regularly at Sims Park. Local activities include Farmers Markets, craft shows and much more. Great kayaking up stream to Nature’s Own Parks. A short trip downstream towards the Gulf of Mexico takes you to several waterfront restaurants on the river. Whiskey River, Catches, Whiskey Joes, Hooters, to mention a few. . Bring your boat and build your waterfront dream house today. Tampa International Airport is a short 45 minutes away. Lot next door available for sale as well. MLS #W7870837
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Our Executive Mortgage Banker:
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$269,000
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 | $215,200 | $215,200 | $215,200 |
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 | $1,450 | $1,430 | $1,815 |
Total Monthly Payment | $1,525 | $1,505 | $1,890 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.