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Located in the heart of North Port’s burgeoning growth corridor, this premium 0. 27-acre (11, 741 sqf) corner lot at the intersection of Jasper Ter and Dellbrook Ave represents a rare and versatile investment opportunity. Boasting highly coveted AC-10 (Activity Center) zoning, the property offers a flexible canvas for a visionary developer. This designation is primarily geared toward commercial and mixed-use projects, allowing for a dynamic blend of professional and residential spaces. The true potential of this site lies in its multi-story capabilities. Under current guidelines, a developer could create a three-story building featuring a commercial storefront or service-based business—such as a boutique "Dog Spa" or professional office—on the ground floor, with a modern duplex or residential units situated above. This "live-work" configuration maximizes the footprint while tapping into the high demand for integrated urban living in Southwest Florida. Development is made even more seamless as the property is notably not located in a Scrub Jay review area. While a well and septic system would be required, electricity is exceptionally convenient, with power lines already established just across the street, making the final connection to your new project straightforward and cost-effective. Strategically positioned for maximum connectivity and lifestyle, the lot is located just 5 miles from Interstate 75, offering effortless transit north toward Tampa and south toward Fort Myers. It is also just a short drive—approximately 6 miles—from US-41 and the Murdock area, home to the Port Charlotte Town Center and a wide array of dining and shopping options. Sports enthusiasts will appreciate being only 15 minutes from the Charlotte County Sports Park, the spring training home of the Tampa Bay Rays. When it's time to relax, you are perfectly situated between two of the Gulf Coast's finest destinations: the pristine shores of Englewood Beach are just 25 minutes away, while the exclusive charm of Boca Grande can be reached in approximately 40 minutes. Secure your stake in North Port's future and submit your proposal today to claim this prime corner location!
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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 | $10,000 | $10,000 | $10,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.710% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $60 | $62 | $82 |
| Total Monthly Payment | $135 | $137 | $157 |
* 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.