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Presented by
The Fair Team |
BURNT STORE LAKES: Build your dream home on this expansive 14, 600 sq. ft. lot, perfectly situated in the vibrant, deed-restricted community of Burnt Store Lakes in Punta Gorda, Florida. This growing neighborhood offers a relaxed atmosphere that blends seamlessly with the natural beauty of Southwest Florida. The community is designed for those who appreciate the outdoors, with eleven fish-filled freshwater lakes, spacious greenbelts, and an abundance of wildlife. Whether you enjoy fishing, birdwatching, daily strolls, or extended bike rides, Burnt Store Lakes invites you to embrace the Florida lifestyle. The Community Park on Spoonbill Lake features charming “Old Florida-style” pavilions with picnic tables, restrooms, and a playground, creating the perfect setting for family gatherings and community events. For those who love water adventures, the canoe and kayak launch on Bear Branch Creek provides easy access to the mangrove preserves, where you can paddle out to Charlotte Harbor and experience some of the area’s best fishing. Located just next door, Burnt Store Marina offers a wealth of amenities, including boating, golfing, tennis, pickleball, fitness facilities, dining, and a variety of social activities. This proximity allows residents to enjoy a resort-style lifestyle while returning home to the peaceful surroundings of Burnt Store Lakes. One of the most appealing aspects of this property is its elevation—safely out of the flood zone—providing peace of mind and eliminating the extra cost of flood insurance. Situated in one of the fastest-growing corridors in Punta Gorda, this is a rare opportunity to build a custom coastal living home in a community that truly offers something for everyone. Contact me today for a list of premiere builders and take the first step toward making this exceptional property your own. Don’t miss your chance to be part of Punta Gorda’s most dynamic neighborhood!
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$49,000
Luxury Properties Specialists
William Raveis Real Estate
Phone: 203.858.6301
TheFairTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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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 | $39,200 | $39,200 | $39,200 |
| 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% | 6.168% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $220 | $235 | $315 |
| Total Monthly Payment | $295 | $310 | $390 |
* 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.