Opportunity awaits at this highly visible commercial lot located on the bustling Tamiami Trail (US-41) in Punta Gorda. This property offers excellent frontage and exposure to one of the area's busiest thoroughfares, ensuring a steady flow of traffic and great potential for business development. Zoned for commercial use, the lot provides a versatile canvas for various business ventures, including retail, office space, or a restaurant. With utilities nearby and easy access to I-75, downtown Punta Gorda, and nearby Port Charlotte, this location combines convenience with prime positioning. The property is surrounded and near by various businesses and ongoing development, making it an ideal spot to capitalize on the area's growth. Don't miss this chance to secure a piece of prime commercial real estate in a rapidly expanding market. Whether you're looking to build your business from the ground up or invest in a strategic location, 14940 Tamiami Trail presents an unmatched opportunity.
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Our Executive Mortgage Banker:
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$130,000
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 | $104,000 | $104,000 | $104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $692 | $683 | $877 |
Total Monthly Payment | $767 | $758 | $952 |
* 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.