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This southern-exposure, one-bridge waterfront building lot in South Gulf Cove offers the perfect opportunity to enjoy true Gulf Coast living. Situated in a premier boating community with 55 miles of navigable canals and access to Charlotte Harbor and the Gulf of Mexico, this homesite delivers the ideal setting for boating, fishing, and waterfront relaxation.
Ideally positioned between Ft. Myers and Sarasota, South Gulf Cove is one of Southwest Florida’s best-kept secrets. You’re just a short drive from the pristine beaches of Boca Grande and Manasota Key, known for their turquoise waters, world-class shelling, and spectacular sunsets. The area continues to thrive with new growth, including the Atlanta Braves’ spring training complex, nearby Tampa Bay Rays facilities, expanding master-planned communities, and increasing commercial development.
With utilities already in place, this lot is ready for your new waterfront home or can be held as a strong future investment. If you’re looking to build, I can assist with a wide range of home styles and budgets to help bring your vision to life. The property next door is also listed for sale. They could be combined for a very nice double lot. MLS# D6135728
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Our Executive Mortgage Banker:
Our Insurance Division:
$99,900
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 | $79,920 | $79,920 | $79,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $479 | $499 | $658 |
| Total Monthly Payment | $554 | $574 | $733 |
* 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.