Build your custom HOME on this nearly 1/4 acre lot in the growing town of North Port. This lot is 80 x 125 giving plenty of room to build a home, have a pool, and space to store your boat or RV. This area is not deed restricted and does not have an HOA, so YES you can build a fence! Torino is centrally located, any direction you go you will find Florida fun! There are several Gulf of Mexico beaches to choose from in Venice, Englewood, & Nokomis, or enjoy the day at the beach in Sarasota on Siesta Key. Or perhaps fun at the new North Port Aquatic Center is more your style. Plus there is the world renowned Warm Mineral Springs, too. Boating? Absolutely, fish the Myakka River, or Charlotte Harbor, or head out to the Gulf, it's no problem with public boat launches in North Port, Port Charlotte, Punta Gorda, Englewood, & Venice. Golf? This is Florida, naturally there are several golf courses to choose from near by. Hiking trails and biking trails are all around, too. Then just a few miles down Highway 41/Tamiami Trail is the CoolToday Park Spring Training Baseball stadium for the Atlanta Braves. All this within about a 30 mile radius!! Need a builder? We can provide you with names of Southwest Florida builders. Per the Sellers the land was not flooded during Ian.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$45,000
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 | $36,000 | $36,000 | $36,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.292% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $246 | $243 | $311 |
Total Monthly Payment | $321 | $318 | $386 |
* 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.