Imagine yourself as the proud owner of nearly two acres of pristine land, primed for the realization of your dream home. Just make a turn off Gulfstream onto Ritz Street, and you'll find the entire block eagerly awaiting your creative touch. This extraordinary opportunity presents generous space and seclusion, ideal for bringing your vision to life. With dimensions spanning 150 feet in width by 550. 7 feet in depth, as well as 142. 5 feet by 550 feet, parcels of this magnitude are seldom encountered in East Englewood, particularly without the encumbrance of HOA or deed restrictions. For savvy investors, there's potential to divide this property into four plots. Furthermore, the adjacent 6. 66-acre parcel is under the ownership of Charlotte County, ensuring added privacy and tranquility. Delight in the ample room available for all your recreational vehicles and toys, all while relishing the convenient proximity to Englewood, Rotunda, Lemon Bay, and Boca Grande. Each of these locales offers a plethora of amenities and attractions, making this location an enticing prospect for both leisure and everyday living.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$159,999
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 | $127,999 | $127,999 | $127,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $852 | $841 | $1,079 |
Total Monthly Payment | $927 | $916 | $1,154 |
* 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.