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Nestled within the tranquil Rotonda Heights community, 141 Garland Way in Rotonda West, Florida, presents a prime opportunity to build your dream home in one of Southwest Florida's most desirable locales. This vacant residential lot spans approximately 7, 499 square feet (0. 17 acres) and is zoned RSF5, making it ideal for constructing a single-family residence . Key Features:
Lot Size: 7, 499 sq ft
Zoning: RSF5 (Residential Single Family)
HOA Fees: $15/month
Utilities: Public water and sewer available
Flood Zone: X (no flood insurance required)
Community Highlights:
Rotonda Heights is a deed-restricted community known for its peaceful atmosphere and proximity to essential amenities. Residents enjoy easy access to shopping, dining, and entertainment options. The community is also close to the renowned beaches of Florida's Southwest Gulf Coast, offering opportunities for boating, fishing, and sunbathing.
Nearby Attractions:
Beaches: Englewood Beach and Boca Grande are just a short drive away.
Golf: Multiple golf courses, including Rotonda Golf & Country Club, are nearby.
Schools: Vineland Elementary School, L. A. Ainger Middle School, and Lemon Bay High School serve the area .
Investment Potential:
Building a new home on this lot allows you to take advantage of modern construction standards, potentially leading to better insurance rates and energy efficiency. The property's location in a growing community adds to its long-term investment appeal.
If you're interested in exploring this opportunity further or need assistance connecting with local builders, feel free to ask! Need financing? We have local lenders ready to help.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$21,000
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 |
|
|---|---|---|---|
| Loan Amount | $16,800 | $16,800 | $16,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $95 | $102 | $135 |
| Total Monthly Payment | $170 | $177 | $210 |
* 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.