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Excellent opportunity to build your dream home on a beautiful lot located on a greenbelt in the rapidly growing deed restricted community of ROTONDA LAKES boasting 5 GOLF COURSES with 99 holes, WALKING and BIKING trails including the 8 mile long Cape Haze Trail! This IDEAL location features city water and sewer and not in a scrub jay zone according to county records. The Rotonda West area features a new Community Center, a beautiful 165 acre park with tennis/pickleball courts, a playground, picnic area, lakes, lush landscaping with an abundance of birds and wildlife and is just a quick drive to our beautiful GULF BEACHES (Englewood, Boca Grande, Venice, Manasota). If you like to FISH or BOAT, we are the capital of WORLD CLASS TARPON fishing and there are dozens of boat ramps, fishing piers and marinas in the surrounding areas for your convenience. Also located within close proximity to local, regional and international airports! New homes are being built nearby so secure your piece of paradise today knowing you can enjoy all that sunny SW Florida has to offer including our breathtaking sunsets!!!! Reputable builder info available. HOA only $135 per year!!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$25,000
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 |
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|---|---|---|---|
| Loan Amount | $20,000 | $20,000 | $20,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.397% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $115 | $122 | $162 |
| Total Monthly Payment | $190 | $197 | $237 |
* 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.