WATERFRONT PROPERTY! GULF ACCESS! PARADISE IS CALLING! Build your dream home in this Waterfront Gulf Access Community! Imagine stepping into your back yard and fishing from your property or jumping into your boat for a day of fishing or beach and island hopping! With the rear facing Southwest view you will enjoy the most amazing sunsets from your pool and patio across the wide open view of the waterway as you finish the day in this fantastic location. This great lot gives you quick access to the Interceptor Lagoon and Charlotte Harbor. South Gulf Cove offers over fifty miles of navigable waterways and access to the Gulf of Mexico through the locks. This community has PUBLIC WATER and PUBLIC SEWER. The HOA in this deed restricted community is voluntary. You will enjoy the parks, community center, wide sidewalks and public boat ramp in this fantastic neighborhood. New construction is all around you in this popular growing area. Your new home is just 5 miles from Boca Grande with some of the most beautiful beaches you will find. If you choose to leave your new home you will be close to many other beaches, world class fishing, dozens of golf courses, restaurants, shopping, the new SunSeeker Resort, 2 Spring Sports stadiums and more! There are many miles of bike trails and thousands of acres of state parks within 10 miles of this location! Listing agent co-owns a construction company and will help with building plans and construction questions if needed. CALL TODAY
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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 | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $709 | $691 | $877 |
Total Monthly Payment | $784 | $766 | $952 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.