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Under contract-accepting backup offers. Future Home Site in beautiful southwest Florida!! This prime OVERSIZED CORNER building lot with CITY WATER is located towards the northern area of Gulf Cove. Gulf Cove, is a riverfront community that has boating access to the Myakka River, then out to Charlotte Harbor, with access to the Peace River or out to the Gulf of Mexico! A boater and/or fisherman’s dream! This property is 2. 6 miles to the community’s private boat ramp and Waterfront Park, membership is voluntary. To the west less than 1 mile from this property you will find Myakka Park, featuring a large undeveloped hiking area, along with the park sitting on the west side of the Myakka River! You will find this lot just northwest of the El Jobean Bridge, a perfect location to build your new home! Gulf Cove is a great spot with pristine gulf beaches to the west. The heart of Port Charlotte is 10 miles to the east 11 miles is Dearborn St. – the Old Englewood Village - rich in historic charm, with shops and restaurants. There are also many excellent golf courses nearby! Along with quick grocery and home improvements access with Publix grocery (4 miles) and Home Depot 3. 6 miles from this property. This is a great time to enjoy all that southwest Florida has to offer! PCH 056 1940 0011
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Our Executive Mortgage Banker:
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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 | $17,520 | $17,520 | $17,520 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $99 | $105 | $140 |
| Total Monthly Payment | $174 | $180 | $215 |
* 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.