Under contract-accepting backup offers. This beautiful wooded WATERFRONT LOT on the Blue Waters Waterway offers an incredible opportunity to build your custom home on a serene freshwater canal. Watching the water birds and fishing and kayaking are all part of the canal life in your backyard. Nestled in a secluded neighborhood, this lot is located near the Toledo Blade marketplace, offering quick access to shops, great restaurants, schools, and entertainment. It's a quick drive to the renowned Atwater Community Park with it's sports fields, playgrounds, picnic areas, and walking trails, the Atlanta Braves Cool Today stadium and the Charlotte Sports Park, which are spring training sites for the Atlanta Braves and Tampa Bay Rays. The Charlotte Sports Park is also connected to Tippecanoe Environmental Park which features walking trails, a boardwalk, a canoe/kayak launch, and plenty of birding opportunities. This lot is minutes away from the North Port Aquatic Center, the NEW water park that features a 25-meter stretch pool, three slides, and a lazy river. It is NOT IN A FLOOD ZONE, so NO FLOOD INSURANCE is needed. No HOAs fees or restrictions and no CDDs. Not on the North Port Scrub Jay list as of the listing date - please reconfirm during due diligence. Easy access to the highway to head to the beach, Ft. Myers, even Disney!
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,000
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 | $20,000 | $20,000 | $20,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $122 | $122 | $158 |
Total Monthly Payment | $197 | $197 | $233 |
* 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.