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Discover the perfect setting for your Florida dream home on this oversized cul-de-sac lot nestled near serene Ibis Lake. Enjoy the peace and privacy of having a large community greenbelt beyond the rear lot border ensuring you’ll never have neighbors directly behind you. Located in the highly desirable, deed-restricted community of Burnt Store Lakes, this property offers the convenience of public water and sewer already in place. Residents here appreciate the community’s thoughtful amenities, including a scenic park with covered picnic pavilions, a playground, and restrooms perfect for relaxing or social gatherings. Outdoor enthusiasts will love the private residents-only kayak launch, offering direct access to Charlotte Harbor’s Aquatic Preserve, where you can experience Florida’s natural beauty and abundant wildlife—manatees, dolphins, sea turtles, and excellent sport fishing opportunities await. Just next door, Burnt Store Marina invites you to enjoy world-class amenities such as a full-service deep-water marina, waterfront dining, golf, and boat dockage that is available to the public. Plus, you’re only a short drive from Downtown Punta Gorda, known as one of Florida’s most charming small towns with top-rate restaurants, boutiques, and lively community events. Don’t miss your chance to own this exceptional property - a peaceful retreat offering nature, recreation, and convenience, all in one of Southwest Florida’s most sought-after communities. Build your dream home here and start living the Florida lifestyle you’ve always imagined.
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Our Executive Mortgage Banker:
Our Insurance Division:
$34,000
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 | $27,200 | $27,200 | $27,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $161 | $170 | $222 |
| Total Monthly Payment | $236 | $245 | $297 |
* 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.