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Build your dream home on this beautiful, cleared 1. 25-acre homesite in the highly sought-after Charlotte Ranchettes community of Punta Gorda. Already prepped with valuable improvements, this property is ready for your vision and offers significant savings in time and development costs. The property features a 270-foot deep well installed in 2024 with all equipment professionally mounted on a concrete pad, a septic system installed in 2025, and two electrical poles located just outside the property, ready for utility activation. Also included are two 40-foot shipping containers, providing ample storage during construction or the perfect foundation for a future workshop or outbuilding. Enjoy the peace and privacy of country living with plenty of room to design the lifestyle you've always wanted. With no HOA fees or deed restrictions, you'll have the freedom to create your own private retreat with space for recreational vehicles, animals, gardens, hobbies, and more. This property offers the best of both worlds—quiet rural living with convenient access to Punta Gorda's shopping, dining, entertainment, parks, and waterfront attractions. Gulf Coast beaches, excellent schools, and both Punta Gorda Airport and Southwest Florida International Airport are just a short drive away. As an added bonus, you'll even have the opportunity to enjoy views of the Punta Gorda Air Show from the comfort of your own property. Don't miss this rare opportunity to own a build-ready acreage parcel with major improvements already in place.
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Our Executive Mortgage Banker:
Our Insurance Division:
$120,000
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 | $96,000 | $96,000 | $96,000 |
| 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 | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $575 | $606 | $797 |
| Total Monthly Payment | $650 | $681 | $872 |
* 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.