LOCATION LOCATION LOCATION!!!! Residential (RSF) OVERSIZED and CLEARED . 30 acre lot on CUL-DE-SAC road with the rear of the property abutting 155 feet of a beautiful freshwater CREEK!! Less than 15 minutes to N. Beach Rd featuring 4 fabulous beaches - Englewood Beach, Stump Pass State Park Beach, Blind Pass and Manasota Beach! Less than 20 minutes to the beaches of Boca Grande and multiple public boat ramps!! This cleared lot is situated in Rotonda Heights, just on the outskirts of Rotonda West. Rotonda West boasts 5 public golf courses, so any avid golfer is going to love this centrally located buildable lot! The neighborhood surrounding this lot is up and coming, with numerous new homes currently being built. Close to Publix, restaurants, shopping and everything you need in an amazing little beach town. For information regarding the Rotonda Heights community, please visit: https: //engage. goenumerate. com/s/rotondaheights/home. php
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Our Executive Mortgage Banker:
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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 | $62,800 | $62,800 | $62,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $418 | $417 | $530 |
Total Monthly Payment | $493 | $492 | $605 |
* 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.