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Presented by
Mitch Norgart |
This vacant lot is on Little Gasparilla Island, a bridgeless barrier island that is accessible by private boat or water taxi only. The lot is third back from the gulf. It previously had a lovely beach cottage on it, but that was sadly washed away by hurricanes Helene and Milton. The septic tank is still on the property, no confirmation if it is reusable or not, and the water meter should still be there, but both are buried under the sand that washed in. This is a lovely lot with beautiful gulf views. The county GIS website aerial photo shows where the home used to sit on the property. The photo with the red lines is an approximate idea of where the lot lines are located. The home to the west of the lot was also washed away. There is a community dock for your boat, dock association dues are $250 a year. There are no restaurants, stores or shops on Little Gasparilla Island, just 3 1/2 miles of beautiful beach to enjoy, great fishing in the surrounding waters, and plenty of quiet tranquilly to help you relax and unwind. Check back soon for more photos of the lot.
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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 | $135,920 | $135,920 | $135,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $772 | $826 | $1,102 |
| Total Monthly Payment | $847 | $901 | $1,177 |
* 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.