This waterfront lot, zoned RMF10, offers a prime opportunity for development. Situated near existing duplexes on public water. The area experiences high traffic, making it ideal for visibility and accessibility. With the possibility of rezoning to CG or OMI, the potential for commercial or office use increases, adding flexibility to the property’s value. Just under six miles from the beach and close to several marinas, it’s also perfect for a rental property or model home for a local builder. Nearby waterfront dining options include Farlow’s on the Water, Landy’s, and Lighthouse Grille, enhancing its appeal as a desirable location.
6934 Rosemont DRIVE, Englewood, FL, 34224
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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