4591 Catalina LN, Bonita Springs, FL, 34134 | $250,000

This is an oversized, 90X130, vacant residential, corner lot in El Dorado Acres, Bonita Springs. X500 Flood zone. Cleared and filled and ready to go for your HOME! El Dorado Acres is a quiet and naturally wild neighborhood of about 300 homes located in Bonita Springs and just minutes to the beach! Located in a desirable location West of Tamiami Trail(41), this inviting community is for those who either dislike or are tired of restrictions! The community features old Florida charm with over-sized lots and an eclectic mix of Florida bungalows, original stilt homes and lovely new construction! There are NO HOA fees and NO deed restrictions so bring your boat or RV. You're welcomed here! Eldorado Acres is just two minutes to the new Ritz/London Bay Development, which has a boat ramp where soon residents may be able to launch fishing boats, jet skis, and other fun water toys. Imagine that! For more cosmopolitan activities, both the Hyatt Regency and the Coconut Point Mall are just up the street. This neighborhood is a hidden GEM that sits adjacent to the GRAND, Colony at Pelican Landing community! El Dorado acres is right in the center of growth in Southwest Florida! Buy it and build it! The home in the photos is only an example of what may be built on the lot. All builders welcome.

Features

  • Zoning: RS-1
  • Frontage: 90
  • Lot Desc: Corner,Oversize
  • View: Landscaped Area,Partial Buildings
  • Community Type: Non-Gated
  • MLS#: 224053978
  • Website: https://www.raveis.com
    /prop/224053978/4591catalinaln_bonitasprings_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of COMPASS FLORIDA LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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4591 Catalina LN, Bonita Springs, FL, 34134

$250,000

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 $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,331 $1,329 $1,687
Total Monthly Payment $1,406 $1,404 $1,762

* 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.