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VACANT LOT IN SOUTH PUNTA GORDA HEIGHTS W/FRESHWATER CANAL FRONTAGE - Opportunity awaits in South Punta Gorda Heights, a growing community ideally situated between Punta Gorda, Cape Coral & Fort Myers. Whether you're ready to build now or looking to secure land in an area experiencing continued growth and development, this property offers plenty of potential. NO HOA or deed restrictions here - giving you the flexibility to create the home and lifestyle you want. Lot dimensions are 80x100x80x100 and the property backs up to a 50-ft wide freshwater canal, adding a peaceful natural backdrop to your future homesite. Tucked away in a quiet, wooded setting, the location offers a sense of privacy while still maintaining convenient access to US41, I-75 & Burnt Store Rd. Enjoy everything Southwest Florida is known for including boating, fishing, golf, biking, dining & more. Buy now, build later, or hold as an investment while the Burnt Store corridor continues to expand. Start planning your Florida dream today. At time of listing adjacent lots (#1202 & 1201) are for sale separately - MLS #C7526489. Buy together and create a 160x100x160x100 parcel.
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Our Executive Mortgage Banker:
Our Insurance Division:
$15,000
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 | $12,000 | $12,000 | $12,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $74 | $76 | $100 |
| Total Monthly Payment | $149 | $151 | $175 |
* 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.