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Presented by
Rebecca Doh |
Prime opportunity along Placida Road offering two adjoining parcels in a highly visible and well-traveled Englewood location. 1701 Placida Road includes approximately 1. 20 acres and is zoned OMI, providing flexible options for professional, medical or institutional use. The second parcel, 1630 Manor Road, offers approximately 0. 80 acres and is zoned RSF3. 5 and is included in this combined sale. Both parcels create an attractive investment for future development, business expansion or long-term holding in a steadily growing area. The properties are positioned on the main road that connects Englewood, Cape Haze and Boca Grande, placing future development in a strong traffic and visibility zone with nearby residential communities, commercial centers, medical providers and daily lifestyle conveniences. An additional OMI parcel directly to the south is also available for purchase separately (Parcel ID: 412005351009), offering further potential for a larger project or strategic expansion.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 860.601.4406
Rebecca.Doh@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $399,200 | $399,200 | $399,200 |
| 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% | 6.545% | 5.900% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,393 | $2,490 | $3,288 |
| Total Monthly Payment | $2,468 | $2,565 | $3,363 |
* 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.