Prime Development Opportunity. 10 acres of commercial zoned land. Cleared and located on SR31 at Babcock Ranch. This property offers premium location and exposure to over 19,000 residential homes directly across the street in Babcock Ranch. For more information on the magnitude of the residential development going up next to this property, please visit www.babcockranch.com/lifestyle/future-growth/ Please see brochure.
Over 19,000 residences to be constructed in Babcock Ranch master development spanning across 17,000 acres Babcock development current completion is approx. 20% 660 feet of direct frontage on SR-31 Expansion project converting SR-31 from two lanes to four lanes, significantly increasing AADT as Babcock Ranch develops. Current SR-31 AADT (annual average daily traffic) is at approx. 13,000 Seller financing available with 15% to 30% down payment and negotiable
13811 Sr-31 ROAD, Punta Gorda, FL, 33982
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
