18301 Old Bayshore RD, North Fort Myers, FL, 33917 | $557,500

This Stunning property sits on 7. 756 well-appointed Acres. Almost entirely UPLANDS with a small wetlands area in the back corner of the property. This allows a homeowner to build their new home on flood zone x allowing no flood insurance requirements. The rear of the property includes a backdrop of mature Oak trees creating that old Southern Charm rivaling Estate homes seen in Southern Living Magazine. The property currently does not have electric but the utility-line is sitting ready to go at the perimeter of the lot. This is an excellent lot if you plan to build right away or years down the road. The Acreage currently Claims an Agriculture exemption creating a annual tax bill of only $77!!! Acreage is entirely fenced, Complete with new Access Divit at head of property, perfectly positioned for your front entry or driveway. Property includes newer shed. Cattle are currently on property allowing for property tax exemptions. Please do not enter property until reaching out to listing agent as there is also a Bull. Lastly there is an extremely unique Grand old mature oak tree which has split completely in half, down the middle, we are calling the "Moses Tree. " Would serve as a wonderful backdrop for a barn style venue hall or enjoy in your peaceful Sancturary and very private homesite. Reach out today for information and private tour!
no flood Plain.

Features

  • Frontage: 0
  • Lot Desc: Horses Ok
  • View: Wooded Area
  • Community Type: No Subdivision
  • MLS#: 224047559
  • Website: https://www.raveis.com
    /prop/224047559/18301oldbayshorerd_northfortmyers_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 COLDWELL BANKER REALTY

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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

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18301 Old Bayshore RD, North Fort Myers, FL, 33917

$557,500

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 $446,000 $446,000 $446,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,005 $2,964 $3,761
Total Monthly Payment $3,097 $3,056 $3,853

* 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.