|
Build your dream home on this slightly oversized residential lot in the growing city of North Port, Florida. Located on Rhapsody Ave, this buildable vacant lot measures approximately 83x126, offering more flexibility than a standard single lot and giving future homeowners additional space for a larger floor plan, garage, driveway, lanai, pool, or outdoor living area. One of the strongest features of this property is the private greenbelt backdrop. Instead of backing directly up to another home, this lot offers a natural wooded buffer behind the property, creating added privacy, separation, and a peaceful backyard setting. The surrounding neighborhood is already seeing continued growth, with newer homes nearby and additional new construction popping up down the road. This property is located in a no flood zone, making it an attractive option for buyers, builders, investors, or anyone looking to secure land in Southwest Florida. Enjoy convenient access to Toledo Blade Blvd, with nearby shopping and dining including the brand-new Starbucks, Publix, Wawa, restaurants, schools, parks, medical facilities, and everyday conveniences. North Port is one of the fastest-growing cities in Southwest Florida, known for its residential growth, proximity to Wellen Park, Port Charlotte, Venice, Sarasota, Warm Mineral Springs, golf courses, Gulf beaches, and major roadways.
Whether you are looking to build a primary residence, hold land as a long-term investment, or develop a future spec home, this oversized greenbelt lot offers a strong combination of location, privacy, size, and buildability in the heart of North Port.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$19,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $15,200 | $15,200 | $15,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $91 | $95 | $125 |
| Total Monthly Payment | $166 | $170 | $200 |
* 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.