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5074 Plateau Lane, Port Charlotte, FL – Prime Oversized Lot!Nestled on a peaceful street, this third-acre oversized, corner lot is the perfect location to build your dream home, retire in comfort, or raise your family. With plenty of space and no deed restrictions, the possibilities are endless—whether you're looking to run a business from home, create a large toy garage, or simply enjoy the freedom of a spacious property. The adjacent lot at 5091 Plateau Lane is also available for sale by the same seller, offering even more potential for expansion. Located in the charming Gulf Cove community, you'll enjoy a laid-back lifestyle free from deed restrictions, along with access to a fantastic private waterfront park. The park offers a playground, fishing opportunities, and a private boat ramp with quick, direct access to the Myakka River and Charlotte Harbor. Gulf Cove truly is a sportsman's paradise, with boating, fishing, and nature activities just outside your door. With its ideal location less than 14 miles to I-75, commuting to nearby destinations is a breeze. You'll be just 10 miles from Chadwick Park at Englewood Beach, where you can enjoy stunning sunsets, and only 6 miles from South Englewood, where you'll find a variety of shopping and dining options. Sports fans will appreciate being just minutes away from the Tampa Bay Rays' spring training stadium and the local fairgrounds, as well as being within an hour's drive of spring training facilities for the Red Sox, Orioles, Twins, and Braves. Golf enthusiasts will love the abundance of nearby courses, and with some of the best boating and fishing in Florida, there's always something to do outdoors. Note: Buyer and buyer's representative are responsible for verifying environmental conditions and any endangered species restrictions. This lot is priced to sell quickly—contact us today for more information and to check availability. Don't miss out on this incredible investment opportunity!
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William Raveis Real Estate
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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 | $19,992 | $19,992 | $19,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $130 | $131 | $167 |
Total Monthly Payment | $205 | $206 | $242 |
* 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.