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Build on your timeline or secure for future investment—this flexible corner vacant lot in desirable North Port offers exceptional opportunity. The adjacent lot is also available, providing the option to expand your footprint for a larger homesite, added privacy, or long-term value appreciation. No required timeframe to build and no designated builder restrictions allow you to design and construct at your pace with the builder of your choice. Electricity is readily available, helping streamline the development process when you’re ready. Located in the rapidly growing city of North Port, this property benefits from a strong mix of lifestyle and convenience. Enjoy access to top-rated schools, expanding retail and dining options, and a wide range of recreational amenities. Outdoor enthusiasts will appreciate nearby parks, walking and biking trails, golf courses, and the renowned Warm Mineral Springs. North Port’s strategic location also offers easy access to I-75, connecting you to Sarasota, Venice, and Southwest Florida’s Gulf Coast beaches. Whether you’re looking to build now, later, or invest in one of Florida’s fastest-growing areas, this property presents a compelling opportunity with flexibility and upside.
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Our Executive Mortgage Banker:
Our Insurance Division:
$22,500
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 |
|
|---|---|---|---|
| Loan Amount | $18,000 | $18,000 | $18,000 |
| 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 | $108 | $112 | $148 |
| Total Monthly Payment | $183 | $187 | $223 |
* 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.