Large lot for sale in South Gulf Cove that is 80 feet by 125 feet or 10, 000 square feet (. 23 acres). This property is on public water and sewer. The property is NOT in a Scrub Jay review area per the Charlotte County permit boundary. The canal on which this property is located is not used for navigation, and is used for drainage purposes only. South Gulf Cove is a Deed Restricted community that is up and coming with plenty of room for privacy. This resort is close to many of the best restaurants, beaches, shopping centers and several of the best golf courses, all within an hour's drive any way you want to go. Boca Grande and Englewood beaches are two of the closest beaches that will provide some of the most beautiful sunsets for anyone to see. The area is also a waterfront community with a public boat ramp for community use so you can put the boat in and drive back to your property. There is also a public park along with many sidewalks around the area that are being put in place to enjoy a pleasant walk around the area. This property is located about 30 minutes from I75 for easy north and south access throughout the state. Don't miss the opportunity to purchase this property, build the home of your dreams, and enjoy the lifestyle you want and deserve today!
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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 | $33,600 | $33,600 | $33,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $224 | $221 | $283 |
Total Monthly Payment | $299 | $296 | $358 |
* 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.