VACANT LOT IN BURNT STORE ISLES - Rare opportunity to have the best of everything with this lot. . . expansive view of a large canal basin, oversized dimensions & sailboat access. Lot is located on a quiet street & is surrounded by beautiful, custom-built homes. Build your dream home here & be welcomed by all of the wonderful neighbors. Catch a glimpse of the manatee that are often found in the canals. 127ft of road frontage allows you to build a home w/a large, 3-car garage. 96ft of seawall & a large turning basin provide easy access to your future dock. Burnt Store Isles is a deed-restricted, waterfront & golf community. Easy access to US41, I-75 & Burnt Store Rd allow you to reach Ft Myers, Cape Coral & Sarasota effortlessly. Enjoy boating from your backyard & golf right around the corner. Twin Isles Country Club is located in the center of the community. Practice your short & long game, brush up on your tennis strokes or simply enjoy the social setting. Burnt Store Marketplace anchors BSI offering a Publix, Home Depot & several other shops & restaurants. Get all our shopping done without leaving the neighborhood! Take advantage of the active lifestyle available here in Punta Gorda by enjoying the numerous walking & biking trails as well as the many waterfront parks offering everything from playgrounds to pickle ball courts.
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Our Executive Mortgage Banker:
Our Insurance Division:
$320,000
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 | $256,000 | $256,000 | $256,000 |
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 | $1,746 | $1,701 | $2,159 |
Total Monthly Payment | $1,821 | $1,776 | $2,234 |
* 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.