This is the opportunity you've been waiting for you! Almost an acre of land on W. Terry St with 200 feet of linear frontage, next to the new round-a-bout in the heart of Bonita Springs. 10401 W. Terry is currently a restaurant, Mayan, on a month to month lease paying $1950/month. Also on property is 10411 W. Terry, now a vacant auto repair shop. The lot is 30,000 SF/.69 acre and The property is located within Bonita Spring's Old US 41 Corridor Redevelopment Masterplan. The redevelopment zoning is 3A allowing you many future uses and possible tax incentives. There is approximately 200 linear feet facing W. Terry St and fully fenced in. Walk to Riverside Park!
10401 W Terry Street, Bonita Springs, FL, 34135
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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