Unimproved vacant parcel located on Olive in Punta Gorda. This property is not buildable and is not intended for residential or commercial development. The lot may be suitable for limited, non-habitable uses such as additional yard area, storage, or recreational use for an adjacent property owner, subject to all local regulations. Buyer to verify zoning, land use, environmental status, and any permitted uses with the appropriate authorities. Property is being sold as-is with no representations or warranties regarding future use or development potential. This lot is in FPL easement that is owned individually. There is still one electricity line running aboveground. Any separate listing from the original developer we have the rest of the FPL easement available to subdivide an attach to any of the neighboring properties that would like to expand their homesteads.
15445 OLIVE CIRCLE, Punta Gorda, FL, 33955
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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