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Presented by![]() Kate Monahan |
*GREAT OPPORTUNITY TO BUILD YOUR DREAM HOME IN ALVA IN SWFL PARADISE!* This OVERSIZED CORNER LOT with 0. 2501-acre VACANT RESIDENTIAL LOT in ALVA close to NE Lehigh Acres offers an EXCEPTIONAL OPPORTUNITY TO CREATE YOUR IDEAL LIVING SPACE! Perfectly situated for BUILDING A CUSTOM HOME, this SPACIOUS PROPERTY measures 104 feet by 105 feet, providing a generous 10, 894 sq ft OF LAND TO BRING YOUR VISION TO LIFE! The lot is SQUARE and once CLEARED, it is READY FOR CONSTRUCTION: design a home with plenty of room for both INDOOR and OUTDOOR LIVING! Imagine waking up in your new home and stepping outside to enjoy the Florida sunshine and refreshing breezes. With ample space, you could create an outdoor paradise - whether it's a POOL, a GARDEN, or a BEAUTIFUL PATIO for ENTERTAINING FAMILY and FRIENDS. This EXCEPTIONAL RESIDENTIAL VACANT LOT offers a highly desirable SOUTH REAR EXPOSURE with abundant NATURAL LIGHT throughout the day and providing a BRIGHT, WELCOMING ATMOSPHERE for YOUR FUTURE HOME. With a NORTH-FACING REAR, you'll enjoy COOLER AFTERNOONS and GORGEOUS SUNRISES, while benefiting from IMPROVED ENERGY EFFICIENCY, as the lot is positioned to MINIMIZE HEAT GAIN. Whether you're looking to BUILD A CONTEMPORARY DESIGN with EXPANSIVE WINDOWS or create a LUSH GARDEN OASIS, this LOT'S ORIENTATION offers both PRACTICAL and AESTHETIC ADVANTAGES, making it the IDEAL CANVAS for your DREAM PROPERTY! Located close to STATE ROAD 80, this lot provides EASY ACCESS to nearby amenities, schools, and recreational areas! It’s also in an ideal position for exploring Florida’s natural beauty and outdoor activities, with a creek bordering the back of the property for ADDED PRIVACY! This lot is situated in ZONE X, meaning NO FLOOD INSURANCE is required upon construction. The location is also HIGHLY ACCESSIBLE, with connections to the E-W 80 CORRIDOR leading to I-75, making travel easy whether you're heading NORTH toward Fort Myers, Punta Gorda, Venice, and Sarasota, or SOUTH to Bonita Springs, Naples, and Marco Island. SWFL INTERNATIONAL AIRPORT is just 27 miles away, adding to the CONVENIENCE. DON'T MISS THIS CHANCE TO SECURE A VALUABLE PIECE OF LAND IN A PRIME LOCATION! WHETHER YOU ARE LOOKING TO BUILD A FOREVER HOME OR MAKE AN INVESTMENT FOR THE FUTURE, this lot offers THE PERFECT OPPORTUNITY FOR YOUR NEXT PROJECT! ACT NOW AND TURN YOUR DREAM INTO REALITY!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$21,900
Sales Associate
William Raveis Real Estate
Phone: 617.653.7207
Kate.Monahan@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $17,520 | $17,520 | $17,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.303% | 6.510% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $111 | $118 | $150 |
Total Monthly Payment | $186 | $193 | $225 |
* 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.