Sanibel, FL, 33957 | $425,000

Now is the time to buy your own slice of PARADISE in Sanibel Island! Don't miss the amazing drone footage in the tour link! This . 74 ACRE MOL, BUILDABLE property is SIX LOTS combined creating a BEAUTIFUL WOODED, CORNER LOT in a friendly, quiet neighborhood tucked away off of the main road. This area still has the charm of old Sanibel with the white, crushed-shell roads preferred by the locals and is dotted with beautiful
custom homes that enjoy exclusive privacy with the island life so nearby. Better yet, this lot has already gone through extensive permitting, plan review and approval with the City of Sanibel. See surveys, inspections, reviews and plans for pictured renderings that are available by Jennifer Garcia Architectural Studios, LLC on the My Sanibel portal. So much of the labor is already done for you so this lot is ready for your dream home
to be built! Close to Jerry’s Market and Café, fabulous restaurants like Traders and Doc Ford’s and the pristine Gulfside City Beach Park (known as Algiers Beach locally) that you will have endless things to do on lazy, breezy, tropical days filled with sunshine and shells. Speaking of shells – Sanibel is also home to the National Shell Museum and Aquarium and endless art galleries, quaint shops and parks. You won’t find a single red light on this low-key island so hop on a bike and hit the 25 miles of bike trails and find your favorite spot on the 15 miles of sandy beaches! Nature lovers will never tire of the island that boasts over 50 types of fish, 230 types of birds and 250 kinds of shells! The island is building and planning for a stronger future than ever before. Prices are likely to skyrocket with all of the new redevelopment. Buy your own oasis today so you can be a part of Sanibel’s sunny future! Or invest in the future potential of this unique property on this one-of-a-kind vacation destination island!

Features

  • Amenities: Non-Gated
  • Frontage: 300
  • Lot Size: 300 x 300 x 108 x 108
  • Lot Desc: 5 Plus Lots, Corner Lot
  • View: Trees/Woods
  • MLS#: 224077147
  • Days on Market: 93 days
  • Website: https://www.raveis.com
    /prop/224077147/_sanibel_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.
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3330055FL. Properties displayed on this Website include properties listed with brokerage firms other than William Raveis Real Estate. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS™ Multiple Listing Service.
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL

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888.699.8876

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Sanibel, FL, 33957

$425,000

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 $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.708% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,348 $2,260 $2,867
Total Monthly Payment $2,423 $2,335 $2,942

* 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.