613 SW 11th PL, Cape Coral, FL, 33991 | $99,450

Situated in the heart of Cape Coral, this lot measures 80 by 125 feet and is located outside the flood zone, offers water and sewer with no wetlands, and no endangered species, this lot is shovel-ready and primed for development. The lot next door is available with the same owner. Cape Coral is a perfect location to raise a family in the state. It’s also one of the most reasonable places to buy land in Florida and one of the best destinations for a new construction home. Cape Coral is located next to Fort Myers. It’s considered one of the fastest-growing places in the states. Fun fact is that the violent crime percentage is lower than the national level, which makes it one of the safest places to live in the region.

Features

  • Zoning: R1-D
  • Frontage: 80
  • Lot Desc: Regular
  • View: City
  • Community Type: Non-Gated
  • MLS#: 224079286
  • Website: https://www.raveis.com
    /prop/224079286/613sw11thpl_capecoral_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 UDI LLC

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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
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Our Insurance Division:

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613 SW 11th PL, Cape Coral, FL, 33991

$99,450

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 $79,560 $79,560 $79,560
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 $543 $529 $682
Total Monthly Payment $618 $604 $757

* 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.