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AMAZING VALUE. . . 10 Acre parcel is already cleared and waiting for you in a fantastic location. This property is a 660’ x 660’ Sq lot. High and Dry, no wetlands. It gets even better, this is a corner lot and a dead-end for added privacy. This property has been improved with a 50x50 building pad and already in place is the BONUS 12x40 shed. The shed has metal studs, metal roof, loft and a front porch. Some improvements have already been made to the shed. It has been partially insulated, rough wired, and some internal framing. Over $80, 000. Worth of improvements have added to the value of the property plus the shed value of over $25, 000. Totaling more than $105, 000 worth of upgrades. This 10 acre parcel has been cleared of over 500+ non producing orange trees. The work has already been done. Live on or off grid. Love to shoot or hunt, this is the perfect property for you and there is already a shooting berm. FPL already has a transformer at the edge of property. Convent location to Babcock Ranch, Downtown Punta Gorda, Arcadia and just minutes to the Red Neck Mud Park. Great for Cattle, horses, farming etc. The road is paved up to the last 1/2 mile than it is gravel and dirt. Here is your opportunity to own an amazing 10 parcel which is best described as PEACE and TRANQUILITY…
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,900
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 | $159,920 | $159,920 | $159,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $959 | $998 | $1,317 |
| Total Monthly Payment | $1,034 | $1,073 | $1,392 |
* 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.