Looking for a quiet retreat? Now's the time to consider this quiet oasis located on just over 4 acres of improved land in Punta Gorda - just off Bermont Rd and US17. This prime location is just 3 miles from downtown Punta Gorda, 2 miles to I-75 and less than a mile to the nearest grocery store. The land has been mostly cleared and leveled with lots of landscaping, including $2000 of bamboo along the Bermont road which will grow to create a natural barrier to the road. The property also has a 3-horse stall shelter ready to use. The property is zoned AG/AE (Agricultural). Off George Rd, a paved road connecting directly to Bermont for easy access. Agricultural zoning allows for single family residence and agricultural uses including horses. Zoning allows for a few other, low-density options as well such as a bed & breakfast or small assisted living center. Builders can also have a model home on site. The location combines an idyllic country setting w/close proximity to US17, I-75 & SR74. The potential of this property may be unmatched. Additionally, the property coBuild your beautiful country estate here w/plenty of room for anything else you'd want - barn, stables or outbuildings to house all of your toys from RVs to tractors to ATVs. Lot dimensions are approximately 275x685x275x685. Scrub Jay environmental impact fees paid for all parcels in Jan 2022. Neighboring parcels P3 & P4 are available as well if buyer is looking for ~7 acres total land. P3 has electric & well-water connected and is partially cleared.
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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 | $148,000 | $148,000 | $148,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $985 | $984 | $1,248 |
Total Monthly Payment | $1,060 | $1,059 | $1,323 |
* 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.