Great development opportunity as soon as the City of North Port revises the zoning from Residential to Medium R-2. Medium R-2 can have single and 2 family dwelling units. Also this district may include cluster housing, tiny homes, co-living or cohousing Developments, Townhomes and other types of single and 2 family structures. Single family dwelling units may be attached or detached. Now you will be able to maximize the density on these waterfront lots and have plenty of parking for the residences. Tiny homes on waterfront should sell like crazy!!! Don't wait as once this all get approved which hopefully will be by the first of 2024 then the prices will start to go up. Call today for details.
E Hillsborough BOULEVARD, North Port, FL, 34288
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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