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BURNT STORE LAKES TIP LOT - Perfect location for your new, Florida dream home. Burnt Store Lakes is a growing, deed-restricted community conveniently located along the Burnt Store Rd corridor w/easy access to Punta Gorda, Ft Myers & Cape Coral. Surrounded by a mix of newer and established custom-built homes, this property offers the ideal setting for your Florida dream home—or a smart addition to your investment portfolio. Very close to Burnt Store Marina - eat at Cass Cay, the waterfront restaurant overlooking the marina & docks, grab a quick bite at nearby Linkside Café or shoot a round of golf on the 27-hole executive course. Property dimensions are 43x105x158x133. Enjoy easy access to Punta Gorda, Ft Myers & Cape Coral via the expanding Burnt Store Rd corridor. Neighborhood boasts a park on Spoonbill Lake w/playground & restrooms plus a canoe/kayak launch on Bear Branch Creek w/access to Charlotte Harbor not to mentions miles of sidewalks throughout the community. There is a wide greenbelt located behind the lot. Sit on the lanai & watch the plentiful, native wildlife play in your backyard. . . on any given day you can spot a variety of tropical birds including cranes, egrets & herons or birds of prey including eagles, osprey & falcons. Own a piece of paradise today & start living your Florida dream life. Lot has county water & sewer available. At time of listing, adjacent (key) lot #13 is available for sale separately - buy both & combine for over a 1/2 acre of land.
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Our Executive Mortgage Banker:
Our Insurance Division:
$38,900
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 | $31,120 | $31,120 | $31,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $186 | $196 | $258 |
| Total Monthly Payment | $261 | $271 | $333 |
* 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.