Here is your opportunity to own an affordable lot to build your dream home conveniently located between Tampa and Fort Myers on Florida’s west coast. This is an up and coming section of North Port and there are no deed restrictions here so you can build your dream home just as you see fit. Not currently in a scrub jay zone ( due diligence to reconfirm). It offers easy access to top-rated schools, as well as miles of hiking and biking trails. North Port is home to the aquatic park and the Atlanta Braves Spring Training Center and is conveniently located with shopping and dining nearby, fishing, golfing, three airports offering commercial flights are located within an hour’s drive, and some of Southwest Florida’s #1 beaches in the US! Close to I-75. Best of all, there are no HOA fees, CDD, or flood insurance required for this property, giving you the freedom to enjoy your slice of paradise without any additional expenses. Don't miss this opportunity to make this one-of-a-kind custom home in Southwest Florida your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$15,500
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 | $12,400 | $12,400 | $12,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $85 | $82 | $105 |
Total Monthly Payment | $160 | $157 | $180 |
* 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.