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Prime Opportunity in Tropical Gulf Acres – 4 Buildable Lots Ready for Your Vision
Discover an exceptional investment or development opportunity with this oversized 160' x 120' parcel, spanning four combined lots (Lots 3, 4, 5, and 6) in the increasingly popular area of Tropical Gulf Acres in Punta Gorda, Florida. Whether you're a builder looking for your next project or someone dreaming of designing a custom home with plenty of space, this level, dry property offers flexibility and potential in a location that continues to grow.
This quiet, residential neighborhood is perfectly situated just minutes from the Burnt Store Marina, where boating, fishing, and waterfront dining are part of daily life. Plus, you'll enjoy quick access to downtown Punta Gorda, a vibrant hub nestled along Charlotte Harbor. From waterfront dining and open-air tiki bars to sunset cruises and boutique shopping, the best of coastal Florida living is right around the corner.
With no HOA and no deed restrictions, bring your creativity and take advantage of this rare opportunity to own land in a flourishing Gulf Coast community.
Secure your slice of Southwest Florida—contact me today to explore this incredible property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$41,000
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 | $32,800 | $32,800 | $32,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $202 | $207 | $272 |
| Total Monthly Payment | $277 | $282 | $347 |
* 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.