Discover the potential of this beautiful lot in North Port, a city that’s blossoming with opportunity. This parcel is ideally located in an X flood zone, which means no flood insurance is required, adding to its appeal and ease of ownership. You won’t have to worry about scrub jay restrictions here, allowing for a smoother building experience. While the lot will need a well and septic system, this offers you the chance to create a self-sustaining homestead. The oversized dimensions of the property provide ample space for a sprawling home, a lush garden, or any other feature you can imagine. North Port is a community rich with amenities that cater to a variety of lifestyles:
Warm Mineral Springs: Relax and rejuvenate in the healing waters of this nearby natural spa. Parks & Recreation: Over 400 acres of parkland, including neighborhood parks, two indoor community centers, and more. Outdoor Activities: With bike paths, hiking trails, and access to waterways, there’s no shortage of ways to enjoy the Florida sunshine. Golf Courses: Multiple courses are available for those who love to hit the links. Shopping & Dining: A range of shopping and dining options to satisfy any taste or need. Cultural Events: A thriving arts community with galleries, theaters, and cultural events throughout the year. This lot in North Port is not just a piece of land; it’s the beginning of a new chapter in a vibrant and growing community. Lot 1 Devonia for sale also for $18, 000, lots to be sold together. MLS#D6136961 each lot is offered at $18, 000
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $14,400 | $14,400 | $14,400 |
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 | $96 | $96 | $123 |
Total Monthly Payment | $171 | $171 | $198 |
* 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.