PERMITS ARE READY TO BE SUBMITTED!!!! RMF zoning.
Attention Investors: Prime Opportunity Awaits! Nestled in a sought-after community of South Gulf Cove. The groundwork has been laid for an investment opportunity or live in one side and rent the other. Looking for a mother-in-law
suite opportunity? This can provide that too! Just a few steps left to get get ready to build on this lot which offers the perfect canvas for realizing your real estate aspirations. Whether you're looking to expand your portfolio or embark on a new venture. Contact us today to seize this golden investment prospect! Located within the community a county boat ramp can be used in accessing the beautiful brackish waterway's to the
Myakka River, Charlotte Harbor and Gulf of Mexico. Enjoy the many different bike paths, sidewalks, walking trails and even an active community center. Located just under 10 miles to Englewood Beach as well as multiple beaches within a couple miles from Englewood Beach, 6 miles to over 5 public golf courses, stores and shopping within a couple miles.
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:
$69,000
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 | $55,200 | $55,200 | $55,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $367 | $367 | $473 |
Total Monthly Payment | $442 | $442 | $548 |
* 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.