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LOKATION, NO FLOODING & NO RESTRICTIONS. Bring your builder, or hold as investment. Land is limited, especially when it's on the water. Garp your piece of water front property before it's too late. This over 1/4 acre lot is located with-in five minutes of all the essential needs. This area did NOT flood during the last storms. The lot is mostly in a no flood zone. Once the lot is filled, it may be re-evaluated. No HOA here, build what you like or just add a dock and enjoy the water. Boaters, your ride out on the Pellam Waterway to the harbor is under 25 mins. The average canal width is 95' with plenty of depth to navigate, even for I/O motors. Two bridges out to Charlotte beach complex. Once out in Charlotte Harbor you can enjoy fishing, several dining options and entertainment with dockage, sunsets or head to the Gulf islands. Utilities available and electrical lines in the area are going underground. Sellers financing if needed. There is even a possibility to purchase an additional lot next to this one. Other lot is not owned by the seller.
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Our Executive Mortgage Banker:
Our Insurance Division:
$68,500
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $54,800 | $54,800 | $54,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.290% | 6.404% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $374 | $369 | $466 |
Total Monthly Payment | $449 | $444 | $541 |
* 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.