Welcome to Lehigh Acres, Florida, where residential growth and opportunity converge. Presenting a prime vacant lot ready to be transformed into a lucrative duplex property or a single-family home. Located within a region known for its development-friendly environment, this lot is an exceptional find for builders, investors, or even future homeowners interested in rental income or a spacious residence with a unique layout. The potential here is significant, and this property’s flexibility stands out as a true asset in today’s real estate market. Lehigh Acres is recognized for its strategic location within Lee County, one of the fastest-growing areas in Florida. The local economy is bolstered by its close connection to Fort Myers, which is known for its strong job market, vibrant tourism, and seasonal residents who contribute to the community's growth. Demand for affordable housing is increasing, especially for duplexes and multifamily residences, as more people seek rental opportunities that offer the privacy and comfort of a home. This is more than just a vacant lot—it’s the foundation of a valuable investment or a personal project that aligns with Lehigh Acres' growth trajectory. Make this property the starting point of your next real estate endeavor. Don’t miss out on an opportunity to build and invest in one of Florida’s up-and-coming communities. Contact your favorite Realtor today for more information.
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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** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $285 | $282 | $365 |
Total Monthly Payment | $360 | $357 | $440 |
* 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.