Opportunity to build or invest on this Extra Large ¼-acre residential lot located on Cordova Ter in North Port. The highly desirable large corner lot property is located outside of a FEMA-designated flood zone requiring lender-mandated flood insurance. Enjoy a quiet setting surrounded by newer construction, with no HOA or deed restrictions. Easy to pull your boat in from either road. North Port offers extensive parks and trail systems, golf courses, Warm Mineral Springs, and convenient access to I-75 for easy travel to shopping, dining, and Gulf Coast beaches. Buyer and buyer’s agent to verify all measurements, zoning, building requirements.
This property is very close to Port Charlotte
Please note that there is a vacant lot on one side for potential purchase.
CORDOVA TERRACE, North Port, FL, 34291
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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