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This is a fantastic investment opportunity to build your home in the heart of Charlotte Harbor on a spacious . 32-acre lot (14, 022 sq. ft. ) measuring 113ft x 123ft. The property offers nearby harbor views and is just a short walk to the park and waterfront access, all while benefiting from the character of mature landscaping and a quiet residential atmosphere that reflects the classic Old Florida lifestyle. You are perfectly positioned just a 10-minute walk or half-mile from the Sunseeker Resort, which features 21 different restaurants and various bar and dining options, placing world-class amenities right at your doorstep. Beyond its current charm, this property sits in a rapidly expanding corridor with significant development potential just down the street. The nearby 8. 3-acre mixed-use project on Bayshore Road signals a major investment in the area's future, with potential for high-density residential and neighborhood commercial growth that promises to enhance the local infrastructure and long-term desirability of the community. As this area continues to grow and modernize, owning a lot of this size offers a unique chance to get in early on a neighborhood that is poised for transformation. In addition to the local growth, the property is very close to major shopping at the Port Charlotte Town Center, great restaurants, and the Charlotte County Sports Park, home to the Tampa Bay Rays during Spring Training. For golfers, there are enough nearby courses to play a different one every day of the week, and you are located within 30 minutes of some of the area's best beaches such as Boca Grande, or Englewood. Whether you are looking to build a private residence or hold land in an appreciating market, this is a strategic move in a prime waterfront community. Don’t miss your opportunity to purchase this property and be a part of the future of Punta Gorda!
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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 | $60,800 | $60,800 | $60,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $360 | $379 | $501 |
| Total Monthly Payment | $435 | $454 | $576 |
* 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.