Introducing an incredible opportunity to build your dream home! This vacant lot is situated on the Tee Box of the 14th Hole of Coral Oaks Golf Course, offering stunning views and prime western exposure for breathtaking sunsets. Nestled in a beautiful neighborhood, this property is perfect for golf enthusiasts and those seeking a serene lifestyle. Coral Oaks Golf Course, designed by Arthur Hills, features an 18-hole, par 72 course, along with a driving range, chipping area, putting green, pro shop, and a full-service restaurant and bar. With no HOA fees, you can enjoy the benefits of this city-owned public course, which provides an excellent blend of fun and challenge. The neighborhood is known for its peaceful ambiance. Close to top-rated schools, shopping, dining, and entertainment, this location offers both tranquility and convenience. Experience the best of Cape Coral living by securing this prime lot today. Don’t miss out on the chance to create your own piece of golf course paradise in sunny Florida!
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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 | $63,200 | $63,200 | $63,200 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $420 | $420 | $542 |
Total Monthly Payment | $495 | $495 | $617 |
* 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.