Gorgeous waterfront lot with Gulf Access, located right near the desirable Interceptor lagoon that leads to Charlotte Harbor, doesn't get any closer than this at this price point! Partially cleared with a cement seawall already in place, ready for your new build, pool, dock & lift! Located in fabulous part of South Gulf Cove surrounded by newly constructed homes. Electrical at site, on public water & public sewer, and NOT IN a scrub jay area. Save time and $$$$ with all these existing amenities. South Gulf Cove is an incredible area of Port Charlotte, with 5 parks, two servicing community boat ramps, and is golf cart friendly! Bring your boat or RV, no deed restrictions stopping you, just some architectural restrictions that keep the neighborhood nice. . . homes need to be 55' wide, no less than 1500 sq ft homes, minimum 2 car garage; ask agent for attached Community Docs. Work with builders in the area that have plenty of floor plans and can guide you through a smooth build. No HOA unless you'd like to join it for neighborly get togethers at their community center; $120 per year. They aren't building any more land, get your slice of waterfront paradise before it's gone!
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Our Executive Mortgage Banker:
Our Insurance Division:
$175,000
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 | $140,000 | $140,000 | $140,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $931 | $930 | $1,181 |
Total Monthly Payment | $1,006 | $1,005 | $1,256 |
* 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.