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Looking for affordable land to build that storage facility, warehouse, workshop etc. ? Need room for Boats, RV's, trailers and more? This could be it! Priced under $160K for five parcels, this could absolutely be the best deal around within these criteria. There may be others out there but reasonably priced makes the difference. Port Charlotte/Englewood are growing, and centrally located acreage is getting harder to find!
5 vacant lots in a row totaling approximately 1. 16 acres. Each lot is 125Lx80W (10, 000 +/-) square feet, and the corner is almost 11, 000 sf. , giving you about 1. 16 +/- acres of property. That is a total combined length of 400 feet. Build separate structures per parcel one at a time or combine all into one for a larger "all at once" project. All the Scrub Jay fees have been paid by sellers prior, so there aren't those costs to worry about. The interior of the land has minimal to no trees on the property as seen in the aerial photos, but the outside perimeter has matured vegetation all around it. All the surrounding roads have recently been repaved too! The east end of the property has a fire hydrant located on it (good to know), which comes off a 6-inch main I was told, but please verify for yourself.
Zoned PD and/or CG, (planned dev/comm. gen. ) warehouse, retail and more.
The nearest major intersection is State Route 776 & Spinnaker Boulevard (stoplight). Venice is only about 20 minutes away, and Port Charlotte is just about a 15-minute drive from this area/location.
Planned Development (PD) zoning is a flexible approach to land use regulation that serves as an alternative to traditional zoning, which rigidly segregates land uses like residential, commercial, and industrial into separate districts. Instead of forcing a project to conform to a one-size-fits-all set of rules, PD zoning allows for the creation of a unique, tailored plan for a specific property. This process is intended to encourage innovative design and unified development, especially for larger or more complex projects.
There are no deed restrictions, and these commercial lots can be rezoned to fit your needs.
Please check with Charlotte County with situs/zoning questions to verify.
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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 | $127,112 | $127,112 | $127,112 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $761 | $803 | $1,047 |
| Total Monthly Payment | $836 | $878 | $1,122 |
* 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.