YOUR SURVEYED CORNER SLICE OF PARADISE IS READY TO DEVELOP INTO YOUR OWN BEAUTIFUL PROPERTY!!
Presenting this VACANT CORNER LOT, sitting at just over 0. 28 acres (12, 232 SF), that is ready for your vision to come to life! Nestled in a super quiet and peaceful area, this lot is a fantastic canvas for those who are seeking privacy and space. NO HOAs, NO DEED RESTRICTIONS, and NO CDDs!! Please note that this lot is NOT on the North Port Scrub Jay list as of 04/30/2024 (see attached list).
This lot is conveniently located near I-75, multiple parks, schools, & shopping. It's also just a short drive away from downtown North Port and other major cities in the area. This location provides a 35 minute drive to multiple beaches, 30 minutes to Sarasota, 20 minutes to Punta Gorda, 1 hour to Tampa, and 1. 5 hours to Naples.
This vacant corner lot is ideal for anyone looking to build their own dream home, or for investors who are interested in developing the land for residential purposes. Also a fantastic opportunity for those with 401Ks, investment portfolios, 1031 Tax Deferred Exchanges, & self directed IRAs! Don't miss this rare opportunity to secure this incredible deal and your own slice of paradise in North Port!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$23,000
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 | $18,400 | $18,400 | $18,400 |
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 | $122 | $122 | $158 |
Total Monthly Payment | $197 | $197 | $233 |
* 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.