Under contract-accepting backup offers. This oversized corner lot, a. k. a. 8329 Santa Cruz Drive, with public water, sewer, and power available, is just waiting for you! Located across the street from several waterfront homes in South Gulf Cove, one of the fastest-growing communities in the County. New home construction is occurring throughout, but there is still a feeling of nature around. The subdivision is Deed restricted, but the HOA is optional. If you are ready to build, we can refer several builders to help achieve your dream. Or hold for investment. No requirements to build immediately. Neighborhood parks, multi-use pathways on some of the main roads, and a public boat ramp providing access to 55 miles of canals within the subdivision, and the Gulf of Mexico are a few reasons to consider this area! Just because this lot is not on a canal doesn't mean you can't have a boat, and you can keep your trailer on your property! Convenient for all local amenities: fishing, boating, kayaking, cycling, golf, nature trails, shopping, dining, entertainment, area beaches, etc. A short drive to 'world famous' Boca Grande, historic Englewood, Charlotte Sports Park; for the Tampa Rays Spring Training, Port Charlotte Town Center Mall, and easy access to I-75. Ready to escape cold winters? Your 'piece of paradise' in Florida is calling! Check it out now!
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Our Executive Mortgage Banker:
Our Insurance Division:
$35,900
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 | $28,720 | $28,720 | $28,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $179 | $175 | $227 |
Total Monthly Payment | $254 | $250 | $302 |
* 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.