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Step into the action. !! This 31, 816 square foot prime vacant land in North Port (Sarasota County) is the perfect canvas for your next big project. Zoned R3 for residential multi-family use and located outside of flood zones, this property offers endless potential. Make your vision come to life and maximize your return. You belong here ! North Port is rapidly growing and continues to rise as it becomes the new North Port. With new construction and development, including brand name commercial companies, a business park, to the Toledo Blade Blvd corridor, there's an abundance of exciting progress underway. This exceptional property is strategically located near Town Center, major roadways like I-75 & US41, as well as Toledo Blade Blvd, Cranberry Blvd, Chamberlain Blvd , Price Blvd, and Sumter Blvd. Its just minutes away form premier shopping center(Cocoplumb Village Shops, The Shoppes at Price Blvd , Shoppes of Port Charlotte, Port Charlotte Town Center, Promenades Mall), top rated restaurants, schools((Sun Coast Technical College, Imagine School), and recreational hotspots like the North Port Aquatic Center, Warm Mineral Springs, Charlotte Sports Park(Tampa Bay Rays Spring Training), Cool Today Park(Atlanta Braves Spring Training) and more. Plus, you're close to Heron Golf & Country Club and some of Florida's best beaches, including Siesta Key and Lido Key. There is truly something for everyone in this vibrant growing community! Buyers and buyers agent should verify all informationStep into the action. !! This 31, 816 square foot prime vacant land in North Port (Sarasota County) is the perfect canvas for your next big project. Zoned R3 for residential multi-family use and located outside of flood zones, this property offers endless potential. Make your vision come to life and maximize your return. You belong here ! North Port is rapidly growing and continues to rise as it becomes the new North Port. With new construction and development, including brand name commercial companies, a business park, to the Toledo Blade Blvd corridor, there's an abundance of exciting progress underway. This exceptional property is strategically located near Town Center, major roadways like I-75 & US41, as well as Toledo Blade Blvd, Cranberry Blvd, Chamberlain Blvd , Price Blvd, and Sumter Blvd. Its just minutes away form premier shopping center(Cocoplumb Village Shops, The Shoppes at Price Blvd , Shoppes of Port Charlotte, Port Charlotte Town Center, Promenades Mall), top rated restaurants, schools((Sun Coast Technical College, Imagine School), and recreational hotspots like the North Port Aquatic Center, Warm Mineral Springs, Charlotte Sports Park(Tampa Bay Rays Spring Training), Cool Today Park(Atlanta Braves Spring Training) and more. Plus, you're close to Heron Golf & Country Club and some of Florida's best beaches, including Siesta Key and Lido Key. There is truly something for everyone in this vibrant growing community! Buyers and buyers agent should verify all information
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Our Executive Mortgage Banker:
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$3,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,000,000 | $3,000,000 | $3,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,507 | $18,228 | $25,316 |
| Total Monthly Payment | $17,632 | $18,353 | $25,441 |
* 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.