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RARE LAKEVIEW LOT! This beautiful 0. 23-acre residential lot is ready for your custom build, offering stunning lake views, a desirable WESTERN exposure for breathtaking sunsets, and a SEAWALL ALREADY IN PLACE—all the essentials for a prime waterfront lifestyle. CHECK OUT THE VIDEO! Whether you're a growing family looking to settle into a vibrant neighborhood, an investor seeking a high-potential property, or someone planning for the future, this lot checks all the boxes. Located in the heart of Cape Coral—one of the fastest-growing cities in the U. S. —this lot is a rare find. You'll be just minutes from top-rated schools, family-friendly parks, nature preserves, shopping, and dining. And for those who love the water, Cape Coral boasts over 400 miles of canals, with easy access to boating, fishing, and the white sandy beaches of SW Florida. Unlike many surrounding communities, this lot offers the luxury of waterfront living with NO HOA fees. Whether you build now or hold as an investment, this property is an opportunity you don’t want to miss. You will be close to some of the best dining and shopping in SW Florida as well as parks and nature preserves, restaurants, medical care and so much more. Take the first step toward your Florida dream today - check out this buildable lot today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$125,000
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 | $100,000 | $100,000 | $100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $649 | $674 | $857 |
Total Monthly Payment | $724 | $749 | $932 |
* 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.