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Nestled in the serene community of Tropical Gulf Acres, this 60 x 120 corner lot presents a rare opportunity to build your dream home in a peaceful, rural setting. Not located in a Scrub Jay Zone, the property offers added peace of mind along with ample space and privacy, free from HOA restrictions or deed limitations—giving you the flexibility to design and build to suit your vision. Enjoy the quiet of country living while still being conveniently close to everyday essentials. This prime location provides easy access to historic downtown Punta Gorda, Fishermen’s Village, waterfront parks, I-75, US-41, and both Punta Gorda Airport and Southwest Florida International Airport. Shopping, dining, and Gulf Coast beaches are all just a short drive away. With no flood zone concerns, you can plan your future build with confidence and ease. Whether you’re ready to build now or invest for the future, this exceptional homesite offers the ideal combination of location, freedom, and potential—an excellent opportunity to create your own piece of Southwest Florida paradise.
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:
$17,700
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 | $14,160 | $14,160 | $14,160 |
| 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 | $85 | $88 | $117 |
| Total Monthly Payment | $160 | $163 | $192 |
* 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.