Prime 0. 25 Acre Residential Lot in Rapidly Developing Area of Lee County, FL
Discover the perfect opportunity to build your dream home on this 0. 25 acre parcel located in a thriving and rapidly developing area of Lee County, FL. Surrounded by beautiful houses, this lot offers a serene and promising environment for future homeowners.
Key Features: Location: Situated just a 35-minute drive from the vibrant city of Fort Myers, FL, this property offers the perfect blend of peaceful living with convenient access to city amenities.
Property Use Code: Vacant Residential, ideal for building a custom home or investment property.
Nearby Attractions: Enjoy close proximity to popular attractions such as the Edison and Ford Winter Estates, Fort Myers Beach, Lakes Regional Park, and Lee County Manatee Park.
Affordable Taxes: With property taxes at only $306. 44 a year, this lot is not only a great investment but also cost-effective.
Competitive Pricing: Similar lots in the area are selling close to $30, 000. Take advantage of this incredible deal as we are selling this parcel significantly below market value.
Don’t miss out on this fantastic opportunity to secure a piece of land in one of the most desirable and fast-growing areas of Lee County. Whether you're looking to build your own home or invest in real estate, this lot promises great potential and value.
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Our Executive Mortgage Banker:
Our Insurance Division:
$19,999
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 | $15,999 | $15,999 | $15,999 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $106 | $106 | $135 |
Total Monthly Payment | $181 | $181 | $210 |
* 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.