CALLING ALL INVESTORS! Now is your chance to own over 3. 5 ACRES OF LAND with the potential to create a QUAINT COMMUNITY OR AN ESTATE HOME with a SERENE POND in the heart of Englewood! Have you always dreamed of owning your own community? You can build potentially 13 UNITS on this parcel. Or perhaps you are looking for extra land to build your luxury estate home, a workshop, barn or giant garageā¦or all of the above! The possibilities for this property are endless.
Plus, this property is eligible for membership in the Englewood Gardens Beach Club offering you BEACH AND BAY ACCESS to Manasota Key and a wonderful clubhouse. Never search for a parking spot at the beach again with parking and bathrooms through the club.
Located just minutes from historic Dearborn Street and a variety of unique dining and shopping options. Take a short drive to Manasota and Englewood Beaches and world-class fishing and boating. Visit Boca Grande, numerous golf courses, TWO Major League Baseball Spring Training stadiums and all the area has to offer! Call now before this unique opportunity passes you by. Creative financing is available!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$749,900
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 | $599,920 | $599,920 | $599,920 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,743 | $3,645 | $4,741 |
Total Monthly Payment | $3,835 | $3,737 | $4,833 |
* 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.