498 Overbrook STREET, Port Charlotte, FL, 33954 | $23,000

According to analysts, there will be a 4% increase in home prices by 2025. . . and with dropping interest rates, I'd schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "

The average rate on a 30- and 15-year mortgage is around 6. 0% - 6. 7%! Maybe you ought to call your lender now because as interest rates drop, the demand for housing will increase. . . so don't miss out, make the call, and schedule your showing today of this great investment.

About the homesite:

Seize Your Dream: Prime Land Awaits in Port Charlotte!

The Foundation of Your Future Home: Picture your dream home nestled on a generous quarter-acre in Port Charlotte, a canvas ready for your masterpiece amidst a vibrant community setting.

Power Up Your Plans: With FPL electricity ready and a transformer just across the street, kickstart your building project in a neighborhood that's blossoming with both established and brand-new homes.

Freedom to Build: Free from HOA constraints and flood zone worries, design your home exactly as you envision in this coveted spot.

A Hub of Convenience & Beauty: Steps from public transport, shopping, and the Port Charlotte Towne Center. Revel in the natural splendor of Peace River, Triple Lakes, and the Gulf’s stunning beaches.

An Investment in Your Dreams: As Port Charlotte's market values climb, secure your slice of paradise at today’s prices. This land is not just a lot; it's a stake in a prospering future.

Ready for Your Vision: This land, 80 feet by 125 feet, is more than space; it's potential for life’s best moments.

Discover the Possibilities: While no survey is available, the opportunity for discovery and due diligence beckons. Envision the future as you explore this prime spot.

Act Now, Not Later: Escape the regret of "shoulda, coulda, woulda. " Visit, feel the promise, and take the first step towards building your dream. This opportunity is priced to move, and the future is calling.

#PortCharlotteDream #BuildNow #LandOpportunity #FloridaLife

Features

  • Lot Size: 80 x 125
  • Lot Desc: Buildable, In County, Level, Wooded
  • MLS#: T3472532
  • Days on Market: 418 days
  • Website: https://www.raveis.com
    /prop/T3472532/498overbrookstreet_portcharlotte_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/22/2024 11:17:08 AM)
Listing courtesy of BARADIT PROFESSIONAL ASSOCIATION   Phone: 727-371-6774

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

498 Overbrook STREET, Port Charlotte, FL, 33954

$23,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $18,400 $18,400 $18,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $122 $122 $155
Total Monthly Payment $197 $197 $230

* 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.