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BUILD THE ISLAND RETREAT YOU'VE ALWAYS ENVISIONED in the exclusive, gated community of Rum Cove Estates! This vacant homesite presents an exceptional opportunity to design and build a custom coastal residence surrounded by the natural beauty and tranquility that make Placida one of Southwest Florida's hidden gems.
Tucked away in a peaceful island setting, Rum Cove Estates offers a rare combination of privacy, serenity, and an unmatched connection to nature. Wake up to gentle sea breezes, spend your days exploring pristine beaches and nearby waterways, and enjoy the laid-back lifestyle that island living is known for. Whether you're searching for a seasonal escape, a luxury vacation home, or a private waterfront retreat, this community provides the perfect backdrop to bring your vision to life.
Although Rum Cove feels worlds away from the hustle and bustle, everyday conveniences remain within easy reach. A short ferry ride connects you to the mainland where you'll find shopping, local restaurants, championship golf courses, marinas, and all the amenities needed for comfortable year-round living.
With endless possibilities to create a home tailored to your lifestyle, this is your chance to own a piece of Southwest Florida paradise in one of the area's most unique and secluded communities. Don't miss the opportunity to build exactly what you've been dreaming of in beautiful Rum Cove Estates.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
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 | $239,920 | $239,920 | $239,920 |
| 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 | $1,437 | $1,515 | $1,992 |
| Total Monthly Payment | $1,512 | $1,590 | $2,067 |
* 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.