Welcome to Cape Coral, Florida – a haven for investors and families alike seeking the perfect canvas to build their dream home. Nestled in the heart of Southwest Florida, this buildable lot presents an unparalleled opportunity for those with a vision for luxury living and coastal charm. This is a level 0. 230 Acre parcel backing up for a tranquil freshwater canal setting. For the savvy investor, this buildable lot represents a golden opportunity to capitalize on the burgeoning real estate market of Cape Coral. With demand for housing on the rise, now is the time to secure your piece of paradise and watch your investment flourish. Whether you choose to build your own custom residence or develop a lucrative rental property, the potential for financial gain is limitless in this sought-after locale. Imagine waking up each day to the gentle sway of palm trees and the salty breeze of the Gulf Coast. Picture evenings spent lounging on your private patio, watching the sun dip below the horizon in a blaze of fiery colors. With this buildable lot in Cape Coral, your dream home can become a reality. Let your imagination run wild as you envision the possibilities for your custom-designed oasis, tailored to your unique tastes and lifestyle. Situated in the vibrant community of Cape Coral, this prime parcel of land offers proximity to all the essentials and luxuries of modern living. Just a stone’s throw away, residents will find themselves immersed in a world of convenience, with easy access to shopping centers, esteemed restaurants, and cultural attractions. Whether you're in the mood for upscale dining or laid-back cafes, Cape Coral has it all. And with the Southwest Florida International Airport nearby, travel becomes effortless, connecting you to destinations far and wide. Indulge in the endless recreational opportunities that abound in Cape Coral and its surrounding areas. Spend leisurely days basking in the Florida sunshine on the white sand beaches of Fort Myers Beach and Sanibel Island, where azure waters beckon and relaxation is paramount. For the avid golfer, pristine courses dot the landscape, offering challenges and scenic views that inspire. Nature enthusiasts will revel in the nearby parks and wildlife preserves, where hiking trails wind through lush landscapes and wildlife thrives in its natural habitat. Don’t miss out on this rare chance to secure your slice of paradise in Cape Coral, FL. Whether you’re seeking an investment opportunity or the perfect spot to build your forever home, this buildable lot has it all.
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Our Executive Mortgage Banker:
Our Insurance Division:
$55,000
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 | $44,000 | $44,000 | $44,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $293 | $292 | $371 |
Total Monthly Payment | $368 | $367 | $446 |
* 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.