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Beautiful 3-acre lot in The North Port Estates, and NOT IN A FLOOD ZONE! Residents of this area get to enjoy many miles of horse trails, mountain bike trails, and natural hiking paths that North Port has to offer. The Myakkahatchee Creek Park, located a few miles away, is a natural area where visitors and residents can enjoy an old Florida nature experience. It connects to the Carlton Reserve and Myakka State Park, which is one of the state's largest parks, consisting of 37, 000 acres. And cyclists will love the new Legacy Trail Extension that will extend all the way from Myakkahatchee Creek Park to Venice, Osprey and Sarasota, where the trail originated. There is plenty to explore in this location, which is only a few miles away from I-75 for easy commutes to the nearby cities and beaches. A perfect place to live for someone who enjoys peace and privacy, with the benefits of No HOA fee, No CDD fee, and No Flood Zone. What are you waiting for? Call me anytime to submit an offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$214,900
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 | $171,920 | $171,920 | $171,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.557% | 5.990% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,031 | $1,073 | $1,416 |
| Total Monthly Payment | $1,106 | $1,148 | $1,491 |
* 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.