**This is an assignment of contract! Agents see confidential remarks!** This spacious . 255-acre lot is situated in a sought-after area of Lehigh Acres, nestled on a tranquil dead-end street with no thru traffic traffic. The neighborhood boasts newly constructed, stunning homes, and this lot is competitively priced, among the most affordable in the vicinity. Conveniently located near grocery stores and other amenities, it's a short drive to the major RSW Southwest International Airport. Explore nearby attractions such as Fort Myers Beach, JetBlue Stadium (home of the Red Sox spring training), and Hammond Stadium (home of the Twins spring training). Outdoor enthusiasts will enjoy Lehigh Acres Community Park North, Lehigh Acres Trailhead Park, and Lee County Manatee Park, which offers scenic trails, manatee sightings, and kayak rentals. For those seeking adventure, Caloosahatchee Regional Park beckons with its extensive network of biking and hiking trails, campsites, and more across its sprawling 770-acre grounds. And let's not forget the stunning beaches just a short drive west. Living in Southwest Florida truly embodies paradise living! Secure your slice of Sunshine State paradise today, while prices remain affordable.
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Our Executive Mortgage Banker:
Our Insurance Division:
$27,500
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 | $22,000 | $22,000 | $22,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $134 | $132 | $173 |
Total Monthly Payment | $209 | $207 | $248 |
* 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.