Welcome to your future home! This tranquil 10, 000 SQFT lot presents an incredible opportunity to build your dream home in the sought-after city of North Port. Nestled in the X flood zone, this parcel does not require flood insurance when you construct your new home, providing peace of mind and saving you money.
Conveniently located near local shopping, dining options, and I-75, this property embodies the best of both worlds - tranquility and accessibility. North Port boasts a wealth of attractions, including Downtown Wellen Park, the North Port Aquatic Park, Cool Today Park, serving as the winter home to the Atlanta Braves Baseball Team, for unforgettable games.
Immerse yourself in the world-famous Warm Mineral Springs, indulging in the therapeutic mineral water soaking. And when it's time for sun, sand, and surf, the stunning Gulf of Mexico beaches in the Venice/Englewood area are less than 30 minutes away, providing endless opportunities for coastal enjoyment.
Southwest Florida is a haven for outdoor enthusiasts, offering superb fishing, boating, and kayaking experiences in both freshwater and saltwater settings, with an abundance of recreational activities at your fingertips.
Furthermore, the property's strategic location places Tampa just a little over an hour to the north, while Fort Myers is less than an hour away to the south, Sarasota making it effortless to access major urban centers and their amenities. Once you experience the allure of Southwest Florida, you'll find it hard to leave - because home is here in North Port, Florida.
Don't miss out on the chance to make this exceptional property the foundation of your vision for the perfect home in a vibrant, welcoming community. Your slice of paradise awaits - seize this opportunity today!
. ***WE HAVE A VARIETY OF BUILDERS TO DESIGN & BUILD YOUR DREAM HOME***
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Our Executive Mortgage Banker:
Our Insurance Division:
$23,000
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 | $18,400 | $18,400 | $18,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $122 | $122 | $158 |
Total Monthly Payment | $197 | $197 | $233 |
* 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.