Nestled in the serene and sought-after Meadowbrook Estate subdivision in Lehigh Acres, Florida, this 0. 304 acre duplex lot offers a rare and
exceptional opportunity to build your dream property. With zoning that permits the construction of a duplex, this lot is perfect for those seeking to
invest, generate rental income, or create a multigenerational living space. Adding to its allure, a new lake is under construction within the
community. This lake is poised to become one of the few in Lehigh Acres, making Meadowbrook Estate a uniquely desirable location. Imagine
enjoying tranquil lake views and the enhanced appeal this feature will bring to the neighborhood. Surrounded by natural beauty, the property is
blanketed with mature trees, creating a peaceful and private setting. Whether you envision a cozy retreat or a spacious family home, this lot
provides the perfect canvas to bring your vision to life. Additionally, the seller offers the option to fill the lot for a fee upon request, providing added
convenience to kickstart your building plans. Located within a tranquil community, the lot offers a blend of privacy and convenience. With nearby
lots also wooded and undeveloped, the area maintains a sense of natural charm while being a part of a growing and desirable neighborhood.
Meadowbrook Estate is ideally positioned to offer the best of both worlds: a serene retreat away from the hustle and bustle while still providing
convenient access to local amenities, schools, shopping, and recreational opportunities in Lehigh Acres and the surrounding areas. The lot’s
generous size allows ample room for creative landscaping, outdoor living spaces, or even a pool to enjoy the Florida lifestyle. Don't miss this
incredible opportunity to secure your spot in one of Lehigh Acres' most promising subdivisions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$74,900
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 | $59,920 | $59,920 | $59,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $394 | $394 | $502 |
Total Monthly Payment | $469 | $469 | $577 |
* 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.