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Located in the desirable Deed Restricted Burnt Store Lakes community, this vacant lot offers the perfect opportunity to build your custom home in a neighborhood known for its peaceful ambiance, well-kept homes, and convenient amenities. This lot enjoys a tranquil setting while still being close to everything that makes Southwest Florida living so special. You will be greeted by the Florida sunshine over the creek from your eastern facing lanai which will certainly be a great start of your day! Sidewalks just across the street stretch through the main roads of the community, inviting you to take a relaxing evening stroll with your dog or an early morning jog. Public water and sewer are already in place, setting groundwork for a smooth building process in this deed-restricted community. Outdoor enthusiasts can also enjoy kayaking from the private kayak launch—a perfect way to explore the scenic waterways and natural beauty of the area. The community park features a tree-shaded playground and a covered pavilion, ideal for social gatherings, neighborhood events, or a quiet afternoon picnic. Located just minutes from Burnt Store Marina, you’ll have easy access to world-class boating, fishing, waterfront dining and golf…open to the public. Other dining and shopping options are available to the north in Punta Gorda, and in Cape Coral to the south.
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Our Executive Mortgage Banker:
Our Insurance Division:
$39,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $31,200 | $31,200 | $31,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $190 | $197 | $259 |
| Total Monthly Payment | $265 | $272 | $334 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.