For Sale: Premier Residential Vacant Lot in Port Charlotte, Florida
Location: Nestled in the heart of Port Charlotte, this prime piece of vacant land offers a unique opportunity to build your dream home in one of Florida’s most desirable locations. Situated near the burgeoning developments of West Port and the City of North Port, this lot is perfectly positioned for both privacy and convenience.
Lot Description: This spacious lot spans a generous size, providing ample room for a sizable residence and outdoor amenities. The land is zoned for residential use, it presents an ideal canvas for creating a custom home tailored to your lifestyle.
Community Highlights:
Proximity to West Port: Just a stone’s throw away from the new and exciting West Port development, you’ll have easy access to a variety of shopping, dining, and entertainment options.
Nearby City of North Port: Enjoy the benefits of living close to the City of North Port, known for its family-friendly parks, natural springs, and a thriving community atmosphere.
Outdoor Recreation: With the Gulf of Mexico’s stunning beaches within reach, and numerous golf courses and nature preserves nearby, outdoor enthusiasts will find no shortage of activities.
Investment Potential: The Port Charlotte area is experiencing significant growth, making this an opportune time to invest in property. Whether you’re looking to build immediately or hold onto the land for future appreciation, this lot represents a sound investment in a flourishing market.
Offer Details:
Competitive Pricing: Offered at a price that reflects the lot’s potential and the area’s current market trends.
Ready for Development: With no HOA fees and minimal pre-construction requirements, this lot is an attractive option for builders and future homeowners alike. Will require Well and Septic.
Contact Information: For more information or to schedule a viewing, please contact us. We’re here to help you take the first step towards building your future in Port Charlotte.
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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 | $23,200 | $23,200 | $23,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $158 | $154 | $199 |
Total Monthly Payment | $233 | $229 | $274 |
* 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.