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Embrace the ultimate Florida lifestyle with this exceptional buildable lot located at 22324 State Avenue in the heart of Port Charlotte. Offering a generous 10, 000 square feet (0. 23 acres) of prime real estate, this property features standard 80-by-125-foot dimensions and 80 feet of road frontage, making it an ideal canvas for a wide array of residential blueprints. The expansive backyard footprint provides more than enough room to install a custom pool and deck, allowing you to design a private tropical oasis perfect for relaxing and enjoying the year-round sunshine. This lot is situated in a highly desirable "X" flood zone, a designation that signifies a non-mandatory flood insurance area for a future build. Because lenders typically do not require flood policies for structures built in this zone, building here can save you thousands of dollars in annual insurance premiums. Public WATER and ELECTRICITY are already available to the property, requiring only the installation of a standard septic tank to complete your utility needs. Charlotte County GIS mapping confirms the property IS NOT in a Scrub Jay habitats, and the National Wetlands Inventory verifying there are NO WETLANDS on site.
The surrounding location offers unparalleled convenience, regional connectivity, and an abundance of recreational activities. For daily necessities, the property sits just down the street from the bustling Murdock area, providing rapid access to major shopping centers, practical retail stores, and a diverse lineup of popular local restaurants. Commuters and travelers will appreciate the incredible proximity to Interstate 75, offering a quick and direct gateway to travel north toward Sarasota and Tampa or south toward Fort Myers and Naples. Sports fans are perfectly positioned between two premier Major League Baseball spring training venues, with the Charlotte Sports Park—spring home of the Tampa Bay Rays—just a short drive away, and CoolToday Park in neighboring North Port—the spring home of the Atlanta Braves—equally accessible for game days and year-round events.
For the avid golfer, the region boasts an impressive collection of championship courses, offering the unique opportunity to play a completely different fairway for every single day of the week within a brief drive from your front door. When the call of the Gulf Coast takes over, you are ideally situated for easy beach days and world-class boating. The pristine, historic shores of Boca Grande and the lively, sun-soaked sands of Englewood Beach are both just a straightforward, scenic drive away. Whether you are looking to construct a personal retreat tailored to your exact tastes or a high-demand investment property in a growing market, this ready-to-build lot delivers the perfect balance of logistical ease and an active Florida lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,000
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 | $20,000 | $20,000 | $20,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $120 | $126 | $166 |
| Total Monthly Payment | $195 | $201 | $241 |
* 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.