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Great WATERFRONT lot located in the much sought-after deed-restricted Gulf Cove waterfront neighborhood. This residential building lot with 80' of waterfront is located on the Pappas Waterway providing quick boating access to the Myakka River and on to Charlotte Harbor and the Gulf. Standard lot 10, 000 sq. ft. and is ready for you to build your Florida dream home. Public water available and not in a Scrub Jay zone (check again with county website to ensure nothing has changed). Gulf Cove offers a welcoming atmosphere with a Voluntary Property Owners Association (POGC). For just $75 a year, you can enjoy exclusive access to the private park, playground, and pavilion. Additionally, secure a boat ramp decal for only $75 to take full advantage of the Gulf Cove boat ramp—ideal for boating enthusiasts! Embrace a lifestyle filled with outdoor adventures! Whether you’re into boating, fishing, or kayaking, Gulf Cove is your gateway to water-based fun. Only minutes to the beautiful beaches of Englewood and Boca Grande. In this vibrant area, you’ll also find nearby golfing, farmers markets, and community festivals to enrich your life. Don’t miss this chance to create the home you’ve always wanted in a community that has it all. Your coastal paradise in Charlotte County awaits!
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$160,000
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 | $128,000 | $128,000 | $128,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $841 | $841 | $1,072 |
Total Monthly Payment | $916 | $916 | $1,147 |
* 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.