Located in the Desirable Community of Town Estates in the Cleveland area of Punta Gorda, FL that is less than 10 minutes away from north and southbound I-75 exits and the property is NOT located in a flood zone! This 1.01 acre lot has been CLEARED and GRADED so is ready for your new home! The 1.01 acres is mostly fenced and already has a PRIVACY HEDGE of 125 fast growing Calusia plants planted. Seller estimates that the fence, clearing, grading and plants would cost you approximately $50,000 in todays market! Located on a Charlotte County maintained paved road in a desirable area that has a country setting yet is close to town for fast access to shopping, dining and fun! Property is zoned RE1, so cannot be further divided. There is lots of room here for your house, toys, barn or shop!
7875 CLEVELAND DRIVE, Punta Gorda, FL, 33982
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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