Welcome to your dream waterfront lot in the desirable South Gulf Cove community! Spanning an impressive width of 85', this oversized lot boasts picturesque views, offering an enchanting vista as you gaze north down the waterway.
South Gulf Cove is a waterfront paradise, featuring 55 miles of non-tidal waterways that provide deep water access to Charlotte Harbor and the Gulf of Mexico. This tranquil haven also offers numerous parks, a public boat ramp, and a playground, ensuring endless recreational opportunities for you and your loved ones.
Nestled just north of Boca Grande, renowned for its breathtaking beaches, this prime location places you a mere 20 minutes away from those sandy shores. In addition, you'll find excellent dining options within a 5-minute drive, while shopping, golf courses, and world-class fishing are all conveniently reachable within 10 minutes.
To make your living experience even more comfortable, this lot has county water, a low-pressure sewer system, and electricity and fiber internet access. Now is the perfect time to turn your vision into reality by constructing your dream home on this incredible property.
Act quickly, as this opportunity won't last long! Don't hesitate to secure your paradise in South Gulf Cove today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$97,900
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 | $78,320 | $78,320 | $78,320 |
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 | $489 | $476 | $619 |
Total Monthly Payment | $564 | $551 | $694 |
* 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.