Opportunity awaits with this vacant land! If you have been searching for the perfect location to build your dream home near the beach, look no further. This property offers an exceptional opportunity to create your ideal living space.
Included with the land are PLANS AND PERMITS for a spacious 4 bedroom 4 bath 1855 sqft home with an ATTACHED MOTHER-IN-LAW SUITE and a POOL WITH A HOT TUB. These PLANS HAVE ALREADY BEEN APPROVED, saving you valuable time and effort in the design and approval process. With a well-thought-out layout, you can envision the perfect home that meets your unique needs and preferences.
Not only does this property come with PLANS AND PERMITS, but it also includes HURRICANE WINDOWS which have been purchased and INCLUDED IN THE SALE. The generous size of the back yard is an enticing feature of this vacant land. With ample space available, you have the opportunity to create a beautiful outdoor retreat that can include a pool, perfect for relaxation and entertaining family and friends. Situated in the desirable Englewood area, this location offers a multitude of attractions and amenities. Whether it's exploring the nearby beaches, enjoying recreational activities, or dining at local restaurants, Englewood provides a wonderful community environment with something for everyone. One notable advantage of this property is its location in a NON FLOOD ZONE, ensuring that your investment remains safe and secure from potential flooding events. Additionally, the convenience of city water connection adds to the overall appeal of this land, eliminating the need for alternative water sources.
Don't miss out on the chance to be part of this fantastic community and create the home you have always envisioned.
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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 | $39,200 | $39,200 | $39,200 |
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 | $261 | $261 | $336 |
Total Monthly Payment | $336 | $336 | $411 |
* 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.