5160 CALLAWAY ST., PORT CHARLOTTE, FLORIDA 33981 An 80'x 125' (approx. 0.25 acre) building lot in upscale Gulf Cove Subdivision. Parcel ID: 402131153004. The parcel is 10,000 square feet in size, the terrain is flat and the ground is covered with grass, brush, pine trees, and several nice palms. City water and city sewer hookups are available at the road entrance to the property. Telephone, cable and electricity easements adjoin the rear of the property. The property is zoned Vacant Residential (RSF 3.5) single-family dwelling (no mobile homes allowed). Property taxes are around $300.00 per year and are paid through 2019. There are NO LIENS on the lot and title will be delivered free and clear. In addition to great fishing and boating opportunities, you will be entitled to membership and access to a private waterfront park and a private boat ramp on the Myakka River which gives boater direct access to the Gulf of Mexico. The park has a covered pavilion, picnic areas with BBQ facilities, paved sidewalks and fishing pier. The boat ramp has new docks, boat trailer parking, beacon light to mark the channel for night boaters and security lighting. The Gulf Cove Homeowners Association is voluntary. You only need to join the association if you want to use the park and/or boat ramp facilities. Yearly membership is $60.00 for the park and $60.00 for a boat ramp decal. Visit GulfCove.org to learn more. Photos of the property: 1-4 are topographic views. 5-7 are street views and 8-13 are photos of the fishing pier, pavilion at the park, the boat ramp, the clubhouse and the park. Owner will finance 80% of the purchase price for a term of five years with an interest rate of 6.0% APR. Under that scenario, Buyer would deliver $1,200.00 at closing and pay to Seller $92.80 per month for 60 months. Early pay-off is permitted without penalty. The particulars of financing will be specified in a Note and a Deed of Trust. At closing, Seller shall pay for Warranty Deed preparation and for Note and Deed of Trust preparation. Buyer shall pay a Settlement Fee, cost to Record the Warranty Deed, to record the Deed of Trust, for a Tax Certificate (if Title Insurance is desired) and Title Insurance if wanted. The county has this property listed as a buildable lot. However, the county also has the lot listed in a scrub review area. If scrub jays are present on the property you will have to take extra steps to get a building permit (basically planting four scrub oak trees on the property). Upon last inspection of the property, I observed no jays here or any other property in the area. Please contact me if you are interested in buying this property and follow-up with an email providing your contact information including name of Buyer, address, phone numbers and email address.
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