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Beautiful half acre double lot with an extra private backyard overlooking a greenspace preserve. These two extra-wide lots are in Section 94 of the boating neighborhood of South Gulf Cove. With a half acre of space, you'll have plenty of room to park your boat/trailer in your yard, with a boat ramp and a marina 3 miles away on the other end of Appleton Blvd, easy access to the miles of canals and the private neighborhood lagoon. Boating outside of this neighborhood takes you through a lock system that protects the water levels of the lagoon and canals and out into the wide open Gasparilla Sound. From there, boat north up the Myakka River or the Peace River, or south to the ICW and barrier islands and out to the Gulf of Mexico. While boating you will encounter dolphins at play, manatees nibbling sea grass, rays flying through and above the water, get in the water and you'll find starfish, seahorses, and tons of sea shells. When you get tired of boating, there are multiple golf courses nearby, and several public beaches (some with nightlife) are within a 20 minute drive. The area has tons of live music, boutique shops and restaurants, art and theater, and plenty of natural parks, forests and mangrove tunnels to explore. This property is not in a scrub jay permit zone and is in an AE 8' flood zone in an area with 7' to 8' natural elevation. Take a drive through the neighborhood to see the variety of houses and builders available to build your new home in paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$60,000
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 | $48,000 | $48,000 | $48,000 |
| 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 | 6.472% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $276 | $292 | $389 |
| Total Monthly Payment | $351 | $367 | $464 |
* 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.