THIS LOT HAS SURVEY! Discover a prime investment opportunity with this 80' x 125' vacant lot located in the desirable Port Charlotte area. Situated in Flood Zone X, which typically signifies a lower risk of flooding, this property offers peace of mind and potential for future development. The lot's proximity to the beautiful Gulf Coast is a notable advantage, as it is approximately 9 miles from the pristine beaches that attract visitors and residents alike.
Port Charlotte is a rapidly growing community known for its attractive blend of natural beauty and convenience. The area boasts a variety of amenities, including parks, shopping centers, and dining options, all contributing to a high quality of life. The lot is also in close proximity to major highways, providing easy access to nearby cities and attractions.
Additionally, Port Charlotte is renowned for its recreational opportunities, such as boating, fishing, and golfing, making it a popular destination for outdoor enthusiasts. With its strategic location and the potential for future appreciation, this vacant lot represents a valuable opportunity for both personal and investment purposes.
Don't miss out on this exceptional chance to secure a piece of land in one of Florida's most promising regions.
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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 | $18,320 | $18,320 | $18,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $127 | $122 | $155 |
Total Monthly Payment | $202 | $197 | $230 |
* 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.