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This vacant land presents an excellent opportunity for buyers seeking to establish a presence in a high potential area of North Port. Zoned Activity Center 6 (AC6), these properties offer flexibility for a wide range of development options. Lot 12 spans 10, 083 square feet, and lot 13 spans 9, 929 square feet. When combined, the lots total just under half an acre, providing ample space for future development. The property is located less than five miles from Interstate 75, offering convenient access and strong visibility for future growth.
North Port’s Activity Center 6 (AC6) zoning is intended for higher intensity mixed use development and is ideal for commercial, industrial, and high density residential projects rather than traditional neighborhoods. Permitted uses include offices, retail, services, light manufacturing, warehousing, distribution, and multifamily housing of up to approximately 15 units per acre, as well as institutional uses such as government buildings and schools. This zoning supports an employment focused area along Yorkshire Boulevard and Interstate 75. Development is subject to specific design standards and typically requires site plan approval. Single family homes are generally restricted to encourage commercial and employment growth, with limited exceptions in certain areas west of Interstate 75.
This is a prime opportunity to acquire land with strong long term potential for growth and profitability. For full zoning details and development requirements, buyers should refer to the City of North Port ULDC and Comprehensive Plan.
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William Raveis Mortgage, LLC
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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 | $13,600 | $13,600 | $13,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.487% | 5.614% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $80 | $85 | $110 |
| Total Monthly Payment | $155 | $160 | $185 |
* 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.