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Build Your Dream Home in beautiful Burnt Store Lakes! Nestled on a peaceful corner in a quiet cul-de-sac, this prime lot offers the perfect opportunity to build your Florida home. Located in the highly desirable Burnt Store Lakes community, you'll enjoy the benefits of a beautiful neighborhood with low yearly HOA fees, walking paths, a park, and lakes full of fish. You're right next door to Burnt Store Marina where you'll find an 18 hole golf course, a full boat marina with access to open water and boat storage for a small fee. There's also two water side restaurants open to the public. You've got quick access to Burnt Store Rd, which can take you to either Punta Gorda or South to Cape Coral and Ft Myers! Imagine waking up to scenic surroundings and spending your days exploring the tranquil waters, thanks to the community kayak and canoe launch. Take a leisurely stroll along the walking paths or unwind in the community park area by the water, where you can relax in the pavilions, entertain friends, or simply enjoy the natural beauty of Florida's outdoors. Whether you're looking for a serene retreat or an active lifestyle, this lot provides the ideal location for your future home. Seller has a survey and site plan available on request, as well as a relationship with a local trusted builder! It's a great time to buy property in this community!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$32,500
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 | $26,000 | $26,000 | $26,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $158 | $164 | $216 |
| Total Monthly Payment | $233 | $239 | $291 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.