BAYSHORE OPPORTUNITY!! 4.77 ACRES OF "PRIME" POTENTIAL COMMERCIAL LAND ON BAYSHORE ROAD LOCATED NEXT TO THE WINN DIXIE PLAZA BETWEEN US 41 AND I-75!! Majority of adjacent properties are already zoned and developed as Commercial. Currently AG-2 allotted for 4-10 multifamily units per acre. Environmental study in 2007 determined mostly upland. This report is available. Currently the property has 3 older homes/structures on it which are occupied. Occupants can either vacate or stay if rental income is desired until you are ready to develop. Unique opportunity with demand high for commercial land in this accelerated growth area.
5740 Bayshore RD, North Fort Myers, FL, 33917
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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