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Large Lot totaling 4. 78 Acres with access from 3 sides and a Lot totaling 2. 03 Acres on Highway 41/Tamiami Trail in Punta Gorda near Tuckers Grade. See attached Survey and uses for Commercial General zoning. This land is in low-risk flood zone D. This is going to be a growing area over the next 5 years.
Tucker’s Pointe Development is a large Residential 1600 units development currently being built by national developers such as Toll Brothers and Lennar. The project is part of a larger 564-acre residential and commercial development that includes land preservation within Tuckers Grade, U. S. 41 and Interstate 75.
Fantastic Develop Opportunity in a growing area of Florida. Commercial General Zoning allows for many uses. Punta Gorda Airport is only a few miles away. All surrounding areas are experiencing business and residential growth. Land on Tamiami Trail will continue to increase in value quickly over the next few years.
Easy access from I75 off Tuckers Grade to Tamiami Trail (HYW 41)
High Traffic counts on HYW 41/Tamiami Trail.
Over 1000 feet of frontage on HYW 41/Tamiami Trail between both lots. See attached survey.
Developers and Investors opportunity to build cash flowing buildings.
Great opportunity and Solid investment for an end user to pick up land, develop and be ahead of the game in this now growing area of Florida.
Traffic from North Fort Myers, Cape Coral, Punta Gorda and Port Charlotte all pass through this area on a regular basis.
Charlotte County has recently purchased substantial land just up the road to build water treatment plant, utilities, Fire Station and more.
Several new construction commercial & residential communities are to be announced soon.
Anchor Companies like Walmart, Aldi, Home Depot and more have moved into the area.
One exit from the Punta Gorda airport which is growing quickly.
Great location for Retail, Hybrid Flex, Service Companies and more. See attached approved uses under the CG zoning.
Feel free to reach out for the full offering memorandum
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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 | $1,018,560 | $1,018,560 | $1,018,560 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,783 | $6,025 | $8,458 |
| Total Monthly Payment | $5,908 | $6,150 | $8,583 |
* 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.