Under contract-accepting backup offers. Owner financing is available with a minimum 25% down payment and competitive terms of 9. 99% APR for up to 36 months, offering financial flexibility for your investment. Seize the opportunity to build your dream home on this exceptional double lot (. 66-acres) in the coveted Pine Valley section of the Rotonda West community. Backing onto the tranquil Charlotte Harbor Preserve State Park, this prime lot offers unparalleled privacy and serene views, creating an ideal setting for your custom home and future pool. All Utilities are in place, including public water, sewer, electricity, phone, cable, and high-speed internet.
Rotonda West is a well-maintained, deed-restricted community with a low annual fee and an array of recreational activities to suit every interest. Whether you are passionate about golfing, boating, fishing, hiking, tennis, biking, or pickleball, you will find endless options right at your doorstep. Just a short drive away, enjoy the excitement of a baseball game at Charlotte Sports Park, explore the charming shops in Olde Englewood Village, or visit the sandy shores and stunning views of Manasota Key and Boca Grande Beaches. Don’t miss out on the chance to create your personal oasis in one of Southwest Florida's most vibrant and sought-after areas. Make an offer today and start building the home you have always dreamed of, where adventure and relaxation are always within reach!
Want a triple lot (1 acre total)? Seller also owns 1081 Boundary Blvd and will sell both lots together for just $149, 000! Please contact the listing agent for more information.
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Our Executive Mortgage Banker:
Our Insurance Division:
$98,900
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 | $79,120 | $79,120 | $79,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $526 | $526 | $667 |
Total Monthly Payment | $601 | $601 | $742 |
* 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.