Brace yourself for the investment opportunity of a lifetime in the heart of Punta Gorda, where innovation meets opportunity! We're thrilled to present an exceptional opportunity in the highly sought-after community of Deep Creek. Explore these two adjoining parcels at 26253 & 26263 Nadir Road, boasting over 1 acre of meticulously prepared land, ready and waiting for your creative mastery. What sets this chance apart is the remarkable speed to realization. Permits for this project are on the verge of approval, with just one last step remaining. In just one month's time, you could be breaking ground, turning your builder's vision into reality with unrivaled efficiency. Imagine creating homes with 3 spacious bedrooms, 2 1/2 beautifully appointed bathrooms, including a convenient garage in every unit. This is the epitome of modern, comfortable living! Best of all, these comprehensive plans, which have taken over a year to prepare, are all included in the price of this project, providing you with exceptional value. The complex's visionary design also includes a community pool area, adding an extra layer of allure for residents seeking relaxation and recreation right at their doorstep. Deep Creek in Punta Gorda is indeed a highly sought-after community, known for its prime location within the area. Its desirability is attributed to its well-planned layout, attractive homes, and overall appeal to all. This property is strategically situated close to the heart of Deep Creek, where you'll find a bustling plaza offering all the necessities you could desire, from a hair salon and grocery store to a cozy cafe and much more. For those who appreciate a round of golf, the renowned Deep Creek Golf Club, with an 18-hole golf course, its the perfect spot to tee off and unwind. Deep Creek is a community that truly caters to your daily needs! The Punta Gorda Airport is nearby, providing convenient travel options. Commuting or traveling is a breeze, thanks to the property's close proximity to I-75, a major highway that connects you to nearby cities and attractions. Whether you're heading north to explore Sarasota and Tampa or south to discover Fort Myers and Naples, you'll have easy access to a network of roads that will take you there. For frequent travelers or visitors , the Punta Gorda Airport (PGD) is just a short drive away, ensuring convenient access to domestic and international destinations. Punta Gorda is known for its charming historic district, waterfront parks, and a thriving cultural scene. If you crave luxury and entertainment, just minutes from your doorstep, you'll find the fabulous newly built Sunseeker Resort. It's your gateway to a world of leisure and relaxation! Enjoy boating, fishing, golfing, and a welcoming community spirit that make it a true gem on Florida's Gulf Coast. The groundwork has been laid meticulously, with completed engineer, architect, and landscape plans. All applications have been submitted to the county, and we're on the cusp of finalizing permits. Builders, this is your key to unlocking a prosperous future in one of Punta Gorda's most desirable communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,002 | $2,924 | $3,711 |
Total Monthly Payment | $3,094 | $3,016 | $3,803 |
* 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.