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This is a rare chance to own a true piece of Old Florida paradise. One of the very few remaining buildable lots on Pine Island, this property already has over 500 yards of clean fill dirt brought in and professionally graded, making it completely ready for your dream home. Included in the sale are fully county-approved architectural plans for a stunning 2, 048 sq ft, three-story coastal residence thoughtfully designed to capture breathtaking, unobstructed Gulf of America views from virtually every major room. Daily sunsets here are nothing short of spectacular—exactly what you moved to the coast for.
Whether you build the approved modern design or bring your own vision, construction can begin almost immediately. Living on Pine Island puts white-sand beaches and the newly renovated Pine Island Park just a short walk away, with Bayport Pier and public boat ramps minutes from your door. You’ll also enjoy the world-famous crystal-clear Weeki Wachee River (home to manatees), the iconic mermaid show, and Buccaneer Bay Water Park. Best of all, residents have the option of a private community boat ramp right on the island for just $40 per year. What more could you ask for?
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$295,000
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 | $236,000 | $236,000 | $236,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.132% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,322 | $1,413 | $1,897 |
| Total Monthly Payment | $1,397 | $1,488 | $1,972 |
* 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.