Discover a prime opportunity to own a spacious 1/2 acre vacant lot located at 508 Canton Ave, Lehigh Acres, FL. Nestled in a quiet and desirable neighborhood, this lot is surrounded by new construction, making it an ideal spot for your dream home or a lucrative investment. With its central location just minutes from Joel Blvd and Lee Blvd, you'll find a variety of shops and restaurants nearby, enhancing your lifestyle and convenience. The area is rapidly developing, with increasing property values, making this an excellent investment opportunity. Whether you're looking to build a cozy retirement home or a property for rental income, this lot offers the flexibility to design according to your vision. Lehigh Acres is known for its tranquil environment and friendly community, allowing you to imagine waking up in this peaceful setting, enjoying the serene surroundings while being part of a growing neighborhood. With new homes being built around, this lot not only provides a blank canvas for your future but also a chance to be part of a vibrant community. Don’t miss out on this exceptional opportunity! With its enviable location and potential for growth, this lot is sure to sell fast. Contact us today to make your offer and secure your piece of paradise in Lehigh Acres, Florida!
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $25,600 | $25,600 | $25,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $175 | $170 | $220 |
Total Monthly Payment | $250 | $245 | $295 |
* 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.