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Presented by
Suzanne Jackson |
Looking for a perfect location to build your dream home? Or perhaps develop a minor subdivision? Look at this! Approximately 6 blocks (. 8 miles) south of University Parkway (2 blocks south of Desoto Road) and just east of Lockwood Ridge Road at 51st Street! Only 3. 8 miles to the University Town Center Mall and only 3. 3 miles to the Sarasota International Airport! Parcel is an assemblage of three contiguous lots under the same ownership on 51st Street, measuring 2. 11 acres total, starting at the third lot on the north side of 51st St from the corner at Lockwood Ridge Rd. Current zoning is RSF2/Residential, Single Family, 3. 5 units/acre. Interesting property for a potential small single family subdivision or possibly rezone for townhomes/multi-family. All three lots have been freshly bush-hogged and enjoy the shade of several large oak trees.
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$890,200
Sales Associate
William Raveis Real Estate
Phone: 860.983.4796
Suzanne.Jackson@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $712,160 | $712,160 | $712,160 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,100 | $4,270 | $5,866 |
| Total Monthly Payment | $4,192 | $4,362 | $5,958 |
* 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.