This GULF ACCESS LOT WITH SEAWALL is a fantastic opportunity in the highly desirable Northwest Cape Coral neighborhood! Avoid the delays of seawall permitting and construction with this ready-to-build property, perfect for creating your Southwest Florida dream home. The seawall diagram is included in the listing for convenience. Imagine enjoying breathtaking sunsets from your future poolside lanai, with boating access just 35 minutes to Matlacha Pass and close proximity to waterfront dining in Matlacha. Situated near Burnt Store Rd and Pine Island Rd, this prime location offers easy access to shopping, fresh seafood, tropical produce, and Cape Coral’s excellent schools. Known as one of the fastest-growing cities in the nation, Cape Coral boasts 400+ miles of canals, ideal for boating enthusiasts. Whether you’re relocating to enjoy Florida’s sunshine, beaches, and NO STATE INCOME TAX, or investing in a prime location, this lot has everything you need. Contact us today for more information!
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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 | $199,200 | $199,200 | $199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.146% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,292 | $1,324 | $1,668 |
Total Monthly Payment | $1,367 | $1,399 | $1,743 |
* 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.