NICE RESIDENTIAL AREA & GREAT CORNER LOT LOCATED IN A DEAD END STREET!! LOOKING TO INVEST IN VACANT LAND? Electricity on Site!! You will have the capability to connect to PUBLIC WATER upon building your dream home! Currently NOT ON FLOOD ZONE NOR SCRUB JAY ZONE! This property offers easy access to US-41, I-75, main intersections, supermarkets, shopping, restaurants, hospitals, pharmacies, schools and all amenities necessary. Golf Courses, Marias, Downtown Punta Gorda with Upscale Waterfront Dinning, Bars, Live Entertainment . . ALL CLOSE BY! Built your custom pool home here and enjoy the convenience of parking your RV or Boat on your own property. The New Sunseeker Resort on Charlotte Harbor is located within 10 minutes away which also makes this area the PERFECT spot for boaters as Charlotte Harbor will take you out to Gorgeous Sand Bars, Beaches, Islands & Gulf of Mexico! Experience Boca Grande Beach, Englewood Beach & Siesta Key which are approximately within a 45 minute drive. Punta Gorda AIRPORT is close by offering flights by Allegiant Air to 51 destinations. Buyer is responsible their own due diligence & for verifying all information pertaining to this property. This is the VACANT LAND PROPERTY you have been searching for!!
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Our Executive Mortgage Banker:
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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 | $24,000 | $24,000 | $24,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $160 | $160 | $202 |
Total Monthly Payment | $235 | $235 | $277 |
* 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.