15674 Margo CIRCLE, Port Charlotte, FL, 33981 | $245,000

GULF ACCESS "SAILBOAT" SOUTH-FACING WATERFRONT lot in South Gulf Cove, an upscale community offering boating access to the Gulf of Mexico.

This property features an 80’ seawall and a managed community lock system already in place to manage the canal water level so there is no added expense of construction.


Unlike the other waterfront lots for sale in the community, “Sailboat lots” have no fixed bridges between your property and the Gulf of Mexico. Most bridges in South Gulf Cove have a clearance of approximately 9 feet, so if the overall height of your boat exceeds 9 feet, you may be landlocked. You can still enjoy the 55 miles of canals that South Gulf Cove has to give, but will be unable to reach the Interceptor Lagoon or The Gulf of Mexico without putting your boat in the water at another location.

This property is not in a Scrub Jay Zone and all utilities, including municipal water and sewer are available.


There is a voluntary HOA fee of $120. 00 each year.


South Gulf Cove also offers parks, bike paths, a recreation center and a very active community. If Golfing is your passion, South Gulf Cove is close to numerous golf courses including Riverwood, consistently rated as one of the top courses in FL.


Fishing, Sightseeing, and Waterfront Dining at many of the local restaurants are all possibilities. Shopping and restaurants are just minutes away, as are the beautiful beaches of Boca Grande, Gasparilla Island, Englewood & Manasota Key.

Nearby Schools are:

Myakka River Elementary
L. A. Ainger Middle School
Lemon Bay High School

Features

  • Lot Size: 99 x 99
  • Lot Desc: Near Marina
  • View: Water
  • MLS#: T3531210
  • Days on Market: 90 days
  • Website: https://www.raveis.com
    /prop/T3531210/15674margocircle_portcharlotte_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/27/2024 2:02:09 PM)
Listing courtesy of LOWEST FEE REALTY LLC   Phone: 813-642-6030

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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15674 Margo CIRCLE, Port Charlotte, FL, 33981

$245,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $196,000 $196,000 $196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.512% 6.273% 5.248%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,223 $1,191 $1,549
Total Monthly Payment $1,298 $1,266 $1,624

* 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.