Development Opportunity - Currently zoned AG-2. Allows for Open Air Storage Grandfathered in. Undeveloped 9. 44 ACRES (three adjacent lots) Easy access to I-75, mostly cleared. 20 miles North of Naples, 3 miles to Bonita Springs, 29 miles South of Fort Myers. Local attractions include Heritage Bay Golf & Country Club, Big Corkscrew Island Regional Park, Bonita National Golf & Country Club, Hertz Arena, Lovers Key State Park & More! Within 23 minutes of 9 Country Clubs. Rural Future Land Use allows this property to be developed as a single-family community (one home per acre) to provide quiet country living with the convenience of being just 15 minutes from Fort Myers. A Commercial Rural (CR) zoning may be permitted for limited com- mercial services also. Rezoning for a Development is an option. Located east of Interstate 75 and minutes away from the Southwest Florida International Airport and downtown Fort Myers. Uses in current AG-2 Zoning • Residential (one home per acre) • Home care facility • Place of worship with day care • AG uses; produce stand, U-Pick operations • Bed & Breakfast • R&D laboratories Zoning: AG-2 ( Lee County ) Utilities: Well, Electric Parcel A: 31-47-26-B4-00007. 0030 Parcel B: 31-47-26-B4-00007. 003B Parcel C: 31-47-26-B4-00007. 003C Demographics within 3 miles # of Businesses 1, 222 # of Households 14, 076 Median Household Income $78, 136 Per Capita Income $50, 657 Median Home Value $393, 546 NEARBY AMENITIES Food & Beverage 10 Government 10 Spiritual Centers 23 Healthcare 24 Sports 38 Public Transport 1 Education 17 Parks & Gardens 7 Entertainment 19 Libraries 2 Restaurants 50
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William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,360,000 | $3,360,000 | $3,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,514 | $21,793 | $29,501 |
Total Monthly Payment | $21,639 | $21,918 | $29,626 |
* 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.