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Presented by
Marcia Riddick |
Investment Opportunity in Rotonda Lakes with RMF-15 Zoning. This parcel is located in the deed restricted Rotonda Lakes section of Rotonda West and offers the flexibility to build a home or explore multifamily development possibilities. The RMF-15 zoning allows residential density of up to 15 units per acre. Only a small portion of the property is located in the AE flood zone, with the majority situated in the preferred X flood zone. The location is just minutes from Boca Grande and Englewood, where you will find Gulf beaches, local restaurants, shopping, medical facilities, and world-class fishing. Rotonda West also features five premier golf courses along with more than 20 miles of canals and lakes that are popular for fishing and kayaking. Nearby parks, walking trails, and outdoor recreation areas provide additional ways to enjoy the surrounding natural setting. Whether you are planning to build or looking to hold land for future use, this property at 313 Ingram Blvd. presents a solid opportunity in an established area of Charlotte County.
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Our Executive Mortgage Banker:
Our Insurance Division:
$49,900
Sales Associate
William Raveis Real Estate
Phone: 617.388.6706
Marcia.Riddick@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $39,920 | $39,920 | $39,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.500% | 5.691% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $236 | $249 | $326 |
| Total Monthly Payment | $311 | $324 | $401 |
* 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.