**DUPLEX Zone Lot** This cleared off lot is perfect for you to build your own home or your investment! This lot is NOT in a flood zone, no flood insurance required! In addition the property is zoned TFC2 so you’ll have many options for building - both duplex (multi-family) and single family allowed. Ready to build your dream home on one of Florida's greatest coastal islands, come live the Island Life! Homes in the direct area made it through Hurricane Ian & Milton well. Just minutes from the island center with all amenities needed. Surrounded by beautiful island scenery with fishing spots right down the street and restaurants to satisfy your palate. There is a peaceful serenity on Pine Island with lots of walking trails, miles of sidewalk to bike on and beautiful sunsets.
5523 Thomas STREET, Bokeelia, FL, 33922
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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