Build your Florida dream home on this corner oversized 10,896 SF dry lot in fast-growing NE Cape Coral. Cleared, level and ready for your builder – no big trees, no known protected species and paved road access. Located in a quiet residential neighborhood with new construction nearby, yet just minutes to the Pine Island Rd corridor with shopping, dining and everyday conveniences. City of Cape Coral is in the process of bringing water and sewer to the area, which explains the current assessments – a big plus for future value since most buyers now prefer city utilities instead of well and septic. No HOA and residential zoning give you flexibility for a primary home, vacation home or long-term investment hold. Lot size is approximately 10,896 square feet (0.25 acres), offering plenty of room for a pool, sunny backyard and extra parking. Priced at $55,000 to move quickly and below many similar lots currently offered in 33909. Don’t miss this opportunity to secure your piece of Cape Coral while prices are still attractive.
1514 NE 7th Ave, Cape Coral, FL, 33909
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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