Nice buildable lot in the deed restricted community of South Gulf Cove! Central water, sewer and electric available! Not currently in scrub jay habitat per Charlotte County Maps (Please reconfirm during due diligence to make sure nothing has changed). Per the Homeowner Association website, South Gulf Cove encompasses 30 square miles/6, 200 acres, with 15, 000 platted lots and 55 miles of navigable waterways, which connect to the Charlotte Harbor through a manually operated lock and lead to the Gulf of Mexico. There's a community boat ramp close by so all can enjoy the water! SGC is also a designated Bird Sanctuary. The natural foliage, diversity of wildlife, & beautiful sunrises and sunsets make SGC a desirable place to live. There are nine parks, children’s play areas, and one boat ramp. Come enjoy all Florida has to offer and build your dream home! Close to shopping, restaurants and a short drive to area beaches and world class fishing! Come enjoy all Florida has to offer and build your dream home! Close to shopping, restaurants and a short drive to area beaches & world class fishing! Lot 10 (MLS # D6137376) adjacent to this property is also for sale so you have an opportunity to purchase both lots for a much bigger Florida homestead!
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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 | $35,120 | $35,120 | $35,120 |
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 | $234 | $233 | $301 |
Total Monthly Payment | $309 | $308 | $376 |
* 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.