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Prime commercial lot with over 200 feet of high-visibility frontage on Chiquita Blvd. , just south of the rapidly expanding Pine Island Road commercial corridor. Zoned C – Commercial with a Commercial Professional (CP) future land use designation, this property offers outstanding flexibility for a wide range of high-demand business uses. Permitted options include professional and medical offices, retail, restaurants, assisted living, educational facilities, day care centers, and financial institutions — positioning this site as a versatile investment in one of Cape Coral’s fastest-growing areas. In addition to providing further value, the seller already has complete architectural plans for a two-story commercial building with reception, showroom, offices, conference rooms, and storage, enabling a buyer to move quickly from acquisition to development, saving significant time and cost in the planning process. The site is not in a flood zone and is served by city water and sewer, providing essential infrastructure and peace of mind for future development. Whether you’re planning a community-focused business, professional services hub, or high-traffic retail destination, this property delivers the zoning, utilities, and development-ready plans to bring your project to life. Don’t miss this rare opportunity. Owner financing is available—competitive terms for qualified buyers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $471,920 | $471,920 | $471,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,792 | $2,906 | $3,825 |
| Total Monthly Payment | $2,884 | $2,998 | $3,917 |
* 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.