This WATERFRONT lot has 80' of shoreline, public water & sewer available, and power is close by. Some nearby homes, but still lots of natural surroundings. Located in desirable South Gulf Cove, one of the fastest-growing communities in the County, with new construction occurring throughout. There are Deed restrictions, but the HOA is voluntary. Neighborhood parks, multi-use pathways on some of the main roads, and a public boat ramp providing Gulf access, are just a few reasons to consider making this the site of your Florida dream home. Convenient for all local amenities: fishing, boating, kayaking, cycling, golf, nature trails, shopping, dining, entertainment, area beaches etc. A short drive to 'world famous' Boca Grande, historic Englewood, Charlotte Sports Park, Port Charlotte Town Center Mall, and within easy reach of I-75. Lot has been cleared. 8` elevation should require little to no fill. Average of 6 ft water depths. Bridges have 9-10 ft clearance. Excellent chance to own Gulf Access at a great price!
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William Raveis Real Estate
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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 | $71,600 | $71,600 | $71,600 |
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 | $488 | $476 | $604 |
Total Monthly Payment | $563 | $551 | $679 |
* 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.