Welcome to the NEW FT MYERS BEACH - Just a few miles south to the future home of the iconic Ritz Carlton Residences, Estero Bay. Rare Find in Fort Myers Beach - . 20-acre Lot with Dream Home and Multi Family Potential. Discover the perfect canvas for your dream home or rental property on this exclusive of . 20-acre lot, nestled in the highly desired southern part of Fort Myers Beach. West of Estero Boulevard and on the SAND! With dimensions of 60 x 129 x 68 x 150, this private and unique property sits on Gulf Rd, a quiet, dead-end street, offering a tranquil escape in a coveted neighborhood. Just steps away from the water of the Gulf of Mexico, its only steps down a scenic path that leads directly to the sands of Fort Myers Beach. Imagine building your dream home or a lucrative duplex right by the shore, capturing the essence of coastal Southwest Florida living. The potential of constructing a duplex that not only fulfills your vision but also provides an excellent opportunity for rental income. This versatile property allows you to blend lifestyle and investment seamlessly. Immerse yourself in the beauty of Fort Myers Beach, spend your days lounging on the beach, creating memories along the crystal shores or spend evenings getting lost in those beautiful SW FL sunsets. Don't miss this exceptional opportunity to bring your vision to life in one of Fort Myers Beach's most sought-after areas. Enjoy the convenience of being close to Santini Plaza, the Marina, and an array of restaurants and shops. This location offers a perfect balance of tranquility and access to amenities. The location provides easy access to RSW airport, along with evenings out in Bonita Springs and Naples! Whether you envision a private residence or a smart investment property, this rare-find lot offers endless possibilities. We have partnerships with five luxury builders ready to connect to discuss your dream build, we also have in-house lender who can discuss opportunities to finance both the land and build in one loan! Seize the chance to create your dream home in paradise!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,550 | $9,314 | $12,486 |
Total Monthly Payment | $9,675 | $9,439 | $12,611 |
* 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.