This stunning Lemon Bay waterfront land is located at 780 W Wentworth St in the charming town of Englewood, FL. This property is part of the historic Englewood development with a buildable lot size of approximately 28, 367 sq. ft. , and over an acre of submerged land' 100 foot trex dock with 20 foot T, this property offers plenty of space to build your dream home or use as investment property. The land is flat and cleared. It is easy to envision the possibilities for development. This prime piece of real estate is conveniently located near shopping, dining, and outdoor recreational activities. Englewood is known for its beautiful beaches, world-class fishing and vibrant arts community. Whether you are looking to build a vacation home, retirement retreat or rental property, this lot offers endless potential. Watch beautiful sunsets, fireworks on Englewood Beach, eagles and osprey soaring, dolphin play, manatee families swim around your dock, beautiful boats on the intracoastal or take your boat out for spectacular fishing in Lemon Bay or the Gulf of Mexico. If you want to live on Lemon Bay, you should see this property. Owner financing is negotiable. This property is zoned for residential use and is ready for development. You have the freedom to build up and maximize the stunning views of the Intracoastal Waterway and Manasota Key that this location has to offer. The spacious lot size provides ample room for landscaping, outdoor living spaces and your dream pool. Overall, this property at 780 W Wentworth St in Englewood, FL is a rare find. Its prime location, generous lot size, and endless potential make it a must-see for anyone looking to invest in the booming real estate market of Southwest Florida. Don't miss out on this opportunity to make your dreams a reality in this coastal paradise.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,967 | $5,891 | $8,141 |
Total Monthly Payment | $6,092 | $6,016 | $8,266 |
* 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.