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Rare opportunity to own 7. 15 acres (311, 575 sq ft) of pristine vacant land in North Port, Florida — one of the fastest-growing cities in the United States, now surpassing 100, 000 residents. Located in the established Woodland Estates, this expansive parcel offers the space, privacy, and flexibility that today's buyers and investors are actively seeking in Sarasota County real estate.
Zoned OUE (Open Use Estate), this property is ideal for a custom single-family estate home, agricultural use, equestrian pursuits, or a long-term land investment hold. No HOA. No CDD. Flood Zone X. The lot is wooded and private, with road frontage on Slash Pine Drive and surrounded by similarly sized parcels that preserve the quiet, rural feel of the neighborhood.
North Port is experiencing unprecedented growth and infrastructure investment. Sarasota Memorial Hospital is currently under construction on North Sumter Boulevard — a $507 million, full-service hospital campus that will bring emergency care, surgical services, specialty medicine, and hundreds of jobs directly to North Port. Combined with the city's rapid population growth, expanding road infrastructure, and proximity to area beaches, shopping, and I-75, this is one of the most compelling land buys in all of Southwest Florida. Don't miss out on this rare, large-acreage parcel and your chance to secure a piece of North Port's future.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,000
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 | $279,200 | $279,200 | $279,200 |
| 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 | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,672 | $1,763 | $2,319 |
| Total Monthly Payment | $1,747 | $1,838 | $2,394 |
* 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.