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Under contract-accepting backup offers. Your Corner Slice of Paradise --> Ready to Develop! Don’t miss this incredible opportunity to own a vacant corner lot in one of North Port’s most peaceful and private settings. Sitting at just over 0. 28 acres (12, 232 SF), this beautiful canvas is ready for your vision - whether that’s a custom dream home or a smart investment in residential land. No HOAs. No Deed Restrictions. No CDDs. Build on your terms, your timeline, and your budget. The lot is also confirmed NOT on the North Port Scrub Jay list as of 04/11/2022 (see attached map for details). For those ready to break ground, the property offers easy access to electric lines along the west side, making utility connection straightforward and cost-effective from the start. Nestled in a quiet, low-traffic neighborhood, you’ll still enjoy outstanding convenience: Near I-75, multiple parks schools, and shopping • 20 minutes to Punta Gorda • 30 minutes to Sarasota • 35 minutes to multiple Gulf beaches • 1 hour to Tampa • 1. 5 hours to Naples. This lot is an exceptional fit for homebuilders and savvy investors alike - including those leveraging 401Ks, investment portfolios, 1031 Tax-Deferred Exchanges, or self-directed IRAs. Opportunities like this don’t last long in North Port. Secure your slice of paradise today!
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 Insurance Division:
$23,000
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 | $18,400 | $18,400 | $18,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $109 | $113 | $150 |
| Total Monthly Payment | $184 | $188 | $225 |
* 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.