14580 N Cleveland AVENUE, North Fort Myers, FL, 33903 | $395,000

Price drop of $100K and seller is offering financing or development partnership opportunity!!! DEVELOPMENT READY OUTDOOR STORAGE FACILITY LOCATION with special exception in place! Seller may be willing to partner with buyer to develop. This 1. 8+/- acre parcel just received its special exception to allow for a storage yard. Engineering and plans as such are available including survey and environmental report. layout could house 125 stalls and generate around $175, 000 in income. Also, 600+/- unit apartments currently under construction within 3/4 mile of this location and another 350 units proposed 1. 5 miles to the south. Public utilities are available near the site. Property has over 214 feet of US 41/Tamiami Trail highway frontage for exposure with access from the back street for ease of ingress and egress. This is a great visible location for many different commercial uses.

Features

  • Lot Size: 536 x 165 x 402 x 214
  • Lot Desc: Buildable, In County, Sidewalk
  • MLS#: C7483242
  • Days on Market: 165 days
  • Website: https://www.raveis.com
    /prop/C7483242/14580nclevelandavenue_northfortmyers_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/25/2024 4:29:07 AM)
Listing courtesy of KELLER WILLIAMS REALTY FT MYER   Phone: 239-236-4350

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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14580 N Cleveland AVENUE, North Fort Myers, FL, 33903

$395,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $316,000 $316,000 $316,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,102 $2,100 $2,709
Total Monthly Payment $2,177 $2,175 $2,784

* 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.