A true opportunity doesn’t happen very often but here’s your chance of purchase this DOUBLE LOT in highly sought after Gulf Cove right in the heart of all the action of Charlotte County. Chance to own a half an acre just minutes to the Myakka River and just minutes to the Gulf Cove community Park where you can launch your boat have picnics, Go to theplayground with the family. Gulf Cove has a voluntary HOA only $75 a year for all those amenities. You will have a choice of either building your home with an eastern rear exposure or northern exposure or if you would like to angle your home for a Northeastern rear exposure. You can build a large home on this almost one half acre lot. There are new homes being built in the area nearby. Launching your boat at the boat at Gulf Cove park launch you could easily experience world class tarpon fishing less than 10 minutes away. You can be in the Gulf of Mexico for world-class fishing and boating or just hang out on the sandbar. Boca grand and Englewood beaches are conveniently located. If you love baseball, the Tampa Bay Rays spring training center. It’s just a short drive.
This property is convenient to shopping, health care and many golf courses.
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Our Executive Mortgage Banker:
Our Insurance Division:
$49,900
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 | $39,920 | $39,920 | $39,920 |
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 | $266 | $262 | $337 |
Total Monthly Payment | $341 | $337 | $412 |
* 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.