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**OVERSIZED WATERFRONT LOT!!** Here's a chance to make your dream of BUILDING A HOME on a Southwest Florida WATERFRONT LOT a REALITY! OVERSIZED LOT offers approx 120 FEET of canal frontage providing boating access to Myakka River, Charlotte Harbor, Sanibel and Captiva Islands, Cayo Costa, Boca Grande Pass and the GULF OF MEXICO! Fish from your own backyard or take a boating cruise or fishing trip out through the lovely waterways to the destination of your choice! Approx 120x125 (. 34+/- acre) lot is ready for building and dock/lift permit applications! Located in the South Gulf Cove Community of upscale waterfront homes on the Cape Haze Peninsula between exclusive Boca Grande and Siesta Key, this area of fine homes and intricate navigable waterways is designed for anglers and is currently booming for boaters and beach-goers! South Gulf Cove Community offers over 50 miles of deep-water, navigable waterways providing boating access from waterfront homesites and the Community boat ramp to endless waterways around SW Fla! Community water levels are regulated by-way-of Lock in this unique SW Fla waterfront community. SGC homeowners association membership (and dues) are VOLUNTARY and deed restrictions are considered sensible by many residents. Whether you enjoy golfing, sailing, power boating, kayaking, beach yoga, cycling, taking a stroll on the many miles of pristine sandy Gulf beaches or just tanning, this area has an outdoor activity for you! Come explore SW Fla at it’s best! Charlotte Harbor, Manasota Key, many delightful waterfront dining selections, golf courses, entertainment, shops and medical facilities in close proximity. Easy access to I-75, Ft Myers and Tampa airports. South Gulf Cove Community offers family-oriented waterfront public Parks, one of which includes boat ramp, covered waterfront pavilion w/picnic tables, benches and BBQ grill, along with basketball court, playground and restroom facilities! Come enjoy the great fishing, beaches, sunshine and relaxing lifestyle of Southwest Fla! Listing info is deemed reliable but should be verified by buyer to ensure accuracy and that property is suitable for buyer's intended use. Details about South Gulf Cove subdivision/community available upon request.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$189,900
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 | $151,920 | $151,920 | $151,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $985 | $998 | $1,272 |
Total Monthly Payment | $1,060 | $1,073 | $1,347 |
* 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.