Embrace the ultimate island lifestyle with this prime residential lot in Bokeelia! Nestled in the desirable Pine Island Villas community, this vacant parcel offers a rare, affordable opportunity to build your dream home or secure an incredible investment. approx. 8, 400 sq ft. . this rectangular lot features outstanding depth, providing plenty of space for a backyard oasis, a pool, a workshop, or secure parking for your boat, RV, and island toys. With southern exposure, you’ll enjoy beautiful Florida sunshine all day long. The standout feature here is the flexible MH-1 zoning. This versatile designation allows you to choose: place a brand-new, modern manufactured home or construct a custom, traditional stick-built single-family home! Location is everything on the island. You are less than a mile from top-rated Pine Island Elementary and just minutes from world-class tarpon fishing, local boat ramps, full-service marinas, and Bokeelia’s famous waterfront dining. 1. 5 miles from Publix 1. 6 from winn Dixie & more ! everything you need right around the corner. Whether you are looking to build a permanent residence, a winter escape, or an income-producing property, this lot is ready to bring your vision to life. Drive by today and start planning your island getaway. boaters paradise, save on storage fees, rapid access to water bring your boat, bridge free, and a nice paved road to top off BRING YOUR RV, MOBILE HOME, 5TH WHEEL, BOAT AND MORE ! LIVE THE ISLAND LIFE ! GOLF CARTS ALLOWED !
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $64,000 | $64,000 | $64,000 |
| 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 | $383 | $404 | $531 |
| Total Monthly Payment | $458 | $479 | $606 |
* 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.