Unlock incredible potential in the rapidly expanding community of Rotonda Lakes! This exceptional RMF-15 zoned lot presents a fantastic opportunity for builders, investors, or those looking to maximize their property's development possibilities. With zoning allowing for higher density multi-family development (subject to Charlotte County verification), this is your chance to capitalize on the growing demand for housing in this desirable area.
Imagine the possibilities this generous lot offers: build townhomes, spacious villas, or a well-designed duplex– the choice is yours! Rotonda Lakes is a vibrant deed-restricted community known for its numerous freshwater lakes and peaceful atmosphere, attracting both seasonal residents and year-round families.
5 DECORORE DRIVE, #2, Rotonda West, FL, 33947
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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