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Build your dream home in one of Punta Gorda's most desirable communities! This prime residential homesite is tucked away at the end of a quiet cul-de-sac in the established, deed-restricted community of Burnt Store Meadows. Located in an **X Flood Zone**, **NO FLOOD INSURANCE IS REQUIRED when you build**, giving you added peace of mind and potential long-term savings.
Surrounded by well-maintained homes and attractive landscaping, this lot offers the perfect setting to design the custom home you've always envisioned. The cul-de-sac location provides minimal through traffic while the generous homesite offers flexibility for your floor plan, outdoor living spaces, and even a pool. With the adjacent greenbelt and peaceful surroundings, you'll enjoy the privacy and relaxed Florida lifestyle Burnt Store Meadows is known for.
A rare bonus? This property is owned by the same seller as the neighboring home at **608 Trumpet Tree**, creating a unique opportunity to purchase both properties together. Buy the home and lot to create your own private estate, preserve the park-like setting next door, expand your outdoor living space, or simply secure additional privacy for years to come. While the seller would prefer to sell both properties together, the lot is available separately.
Burnt Store Meadows is a sought-after community with low HOA fees and an ideal location just minutes from Burnt Store Marina, several public and semi-private golf courses, downtown Punta Gorda, waterfront parks, boating, shopping, restaurants, Punta Gorda Airport, US-41, and I-75. Whether you're planning to build now or invest for the future, opportunities like this in an established neighborhood are becoming increasingly hard to find.
Don't miss your chance to own one of the few remaining homesites in Burnt Store Meadows and start building your Southwest Florida dream today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$55,000
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 | $44,000 | $44,000 | $44,000 |
| 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 | $264 | $278 | $365 |
| Total Monthly Payment | $339 | $353 | $440 |
* 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.