Attention Investors & Developers! Build your custom home in the beautiful community of Burnt Store Lakes. Lot is located in the cul da sac, on a quiet street, with Western front exposure, offering one-of-a-kind sunsets. Land dimensions are 53' x 133' x 148' x 102', making this lot a little over a quarter acre of land. Lot is completely cleared, with greenbelt at the rear of property, for added privacy. Adjacent home also for sale at 16438 Togas Way. This upscale lake front community is located on the southern shores of Charlotte Harbor and features 11 large lakes, a resident’s park & picnic pavilion, canoe/kayak launch to Charlotte Harbor, picturesque golf cart, bike/walking paths, plus streetlights and sidewalks. This resort like atmosphere continues into the adjacent community Safe Harbor/Burnt Store Marina & Golf offering public access to its full-service World-Class Marina, plus executive golf course & dining destinations. The Burnt Store Lakes Community features include friendly deed restrictions, public water & sewer and most homes are custom. There is just one Home Owners Association fee of $494 per year. The Burnt Store Corridor is a short ride to downtown Punta Gorda where you will find shopping, farmers markets, restaurants, walking paths, boat launches, and more. Don't wait to experience the Southwest Florida lifestyle you have been dreaming of. Call today to own you own piece of paradise.
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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 | $44,000 | $44,000 | $44,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $300 | $292 | $374 |
Total Monthly Payment | $375 | $367 | $449 |
* 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.