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OPPORTUNITY for BOATERS and FISHING ENTHUSIASTS in the desirable WATERFRONT Community of SOUTH GULF COVE with an optional Hoa and city water/sewer to build your DREAM HOME or invest in land! Just shy of a 1/4 ACRE, this piece of land also includes its own PAID FOR WATER METER as well! This area boasts over 55 miles of CANALS leading to the Charlotte Harbor and the Gulf of America with a COMMUNITY BOAT LAUNCH, a clubhouse offering numerous community activities, a playground/park, and multi-use pathways on most of the main roads. This rapidly growing area is home to all sorts of wildlife and is also considered a bird sanctuary. Our PRISTINE BEACHES like Boca Grande and Manasota Key are a short drive away if you need a dose of salt life or if you prefer golfing there are several courses nearby! We also have fantastic fishing and boating opportunities here and AND SOME OF THE BEST TARPON FISHING IN THE WORLD! Historic downtown Punta Gorda or Dearborn Street are both worth a visit for their charming shops, eateries and Farmer's Markets. Also the recently opened Sunseeker Resort is another destination with endless entertainment, refreshing pools and day spa! This area has a small town feel but if you need a dose of big city life, Ft Myers and Sarasota are not far. Close proximity to regional and international airports! We have a list of reputable builders. . . . . the building boom is still hot right now! We also have mortgage brokers who can FINANCE this property with a conventional loan. . . . ask me for details!! PROFESSIONAL PHOTOS AND DRONE COMING SOON!!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$149,500
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 | $119,600 | $119,600 | $119,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $746 | $786 | $993 |
Total Monthly Payment | $821 | $861 | $1,068 |
* 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.