A Tropical Oasis with great possibilities! Beautiful 3. 1 acres with lovely oak trees, palm trees, fruit trees and other vegetation growing wild in the back of this privately owned property. There is a nice pathway to walk or drive and explore all the nature and natural surroundings. This property backs up to Curry Acres, a small community with beautiful homes. You could build your dream home here. No deed restrictions, bring your boat, motor home and the rest of your toys. Enjoy the Legacy Trail for bike rides, local parks, a newly completed Sarasota Hospital close by, Nokomis Beach, schools and so much more. In just minutes, you're on I-75 going to Sarasota, North Port and other surrounding areas. Check with Sarasota County regarding building possibilities. County sewer at street readily available. It is presently on septic. A 1927 home sits on property with 3 bedrooms and 2 baths . The home could be a rental or live in while building your dream home. Water is not on well, it is connected to county water. Developer next door is in the process of building 14 cottages. Price range $400, 000, $415, 000 and $420, 000. Opportunity awaits! CASH purchaser only. Must have proof of funds. Home being sold "AS IS" Many days on market due to elderly person ill and could not show house. The house is available to shown now. Appointment only. NOT ZONED FOR HORSES.
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Our Executive Mortgage Banker:
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$795,000
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 | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.893% | 7.156% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,285 | $4,231 | $5,453 |
Total Monthly Payment | $4,377 | $4,323 | $5,545 |
* 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.