.90 acres zoned OUE2/OPEN USE ESTATE (1 UNIT/2ACRE) surrounded with (PED) Planned Economic Development located in the area of major development in popular Lakewood Ranch. Flood zone X, outside 100/500 year floodplain. Can be assembled with 3 additional contiguous parcels for a total of 3.31 acres. (2190 Lakewood Ranch Blvd – PID 0214150008, 6480 Richardson Rd. – PID 0214150010, and 6500 Richardson Rd - PID 0214150009.) This property and the 3 contiguous properties are being sold as Vacant Land and the house structure will be sold at zero value. This is the highest and best use of land. Near shopping, restaurants, and plenty of progress. House being included at zero value. The value is in the land. There will be no showings in house or other improvements.
6440 RICHARDSON ROAD, Sarasota, FL, 34240
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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