Step back in time to a WATERFRONT NEIGHBORHOOD that genuinely feels like "Old Florida". Situated WEST of US 41, life is easygoing in GULF HARBOR, where owners value the privacy and no-nonsense style of an intimate enclave with NO HOA. This . 29 ACRE DOUBLE LOT has large shade trees and a massive producing mango tree. Lot dimensions 115' x 109' - ideal for a single-family home (and guest house if desired) with Electric, Water, and Sewer already on site. The pristine setting has the laid-back vibe of the Florida Keys and features a NAVIGABLE CANAL directly across the street along with a Picnic Area, Kayak, & Paddleboard Launch. This lot offers the UNIQUE OPPORTUNITY to live "next to" the water without the maintenance and costs of a seawall/or higher prices of living "on" the water. Sun & Fun in the GULF OF MEXICO is only 10-15 minutes away by boat, bike, or car. Existing docks can be leased for a small monthly fee, or if you have a larger boat, Cocohatchee River Marina & River Park is just around the corner (boat launch & marine fuel available). TARPON COVE YACHT & RACQUET CLUB is next door, offering Fitness, Tennis, Dining, Resort Pool, + a Tiki Bar (memberships avail). VIEW the AERIAL VIDEO!
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,316 |
Total Monthly Payment | $4,217 | $4,213 | $5,408 |
* 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.