GULF ACCESS WATERFRONT ACREAGE HOMESITE! MINUTES OUT BY BOAT to Peace River and then you're on your way to Charlotte Harbor and the Gulf of Mexico! Build your new home on this mostly cleared, approx 1. 23 acre waterfront lot in the private, gated, waterfront community of Peace River Club located along Jim Long Lake in Punta Gorda. This property has approx 116 ft of canal frontage. Peace River Club has a common area fishing pier, as well as dock spaces available to non-waterfront lot owners. Prime fishing - either freshwater going north up the Peace River, or head south to brackish/salt water! We have some quality custom builders we can put you in touch with to make your dream a reality. Short driving distance to Arcadia, Port Charlotte, and downtown Punta Gorda for shopping, farmer's markets, restaurants and year-round activities and events, Fishermen's Village, golfing, pickleball courts, Tampa Rays and Atlanta Braves Spring Training baseball stadiums, fishing piers, boat ramps, and Punta Gorda Airport. Start your new SW Florida lifestyle here! Check out the video tours by boat that show the canal behind the property on the way out to the river!
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Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
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 | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $798 | $1,012 |
Total Monthly Payment | $873 | $873 | $1,087 |
* 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.