OVERSIZED GULF ACCESS, LAKE VIEWS w/DOCK & LIFT IN PLACE! Eastern Exposure on an Oversized Lot in a PRIME LOCATION w/WIDE water views & 110 feet of water frontage! Watch the most beautiful sunrises SW FL has to offer! Nestled in cul-de-sac in highly sought after 8 Lakes neighborhood of SW Cape Coral surrounded by gorgeous waterfront homes, bike/walking paths & close to multiple parks too! Just minutes to the Rose Garden boardwalk path, Tarpon Point Marina, Rotary Park, restaurants, shopping, dining, & MORE! Premium Boating Access just 15 Minutes to Open Water by Boat. Also convenient to 2 local airports including Punta Gorda International (PGI) & Southwest Florida International in Fort Myers (RSW). Just a short boat ride to white sandy beaches, world class fishing & dining! Enjoy everything SW FL has to offer - beautiful weather year round, fishing, golfing, kayaking, paddle boarding, tubing, jet ski or just relax in this tropical paradise. Start to build your custom dream home TODAY as this lot is landscaped, cleared & ready to build! Bring your plans or ask about custom build options! Agents see comments!
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,900
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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,725 | $3,721 | $4,801 |
Total Monthly Payment | $3,817 | $3,813 | $4,893 |
* 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.