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Under contract-accepting backup offers. Build Your Dream Home or Investment Property in Cape Coral, FL! This prime vacant lot could be the site of your future home in paradise or the perfect investment for a new build. With new construction booming across Cape Coral, don't miss your chance to own your own slice of Florida's coveted "Waterfront Wonderland"! Cape Coral, a proud Purple Heart City, has been steadily earning its spot as one of the top places to live in Florida. What was once a quiet community has transformed into a vibrant and growing city with something to offer for everyone, from young professionals to retirees. This lot is ready for construction, with city water, sewer, and irrigation already available, saving you time and money during the building process. Plus, it's located in an X flood zone, so you won’t need to carry flood insurance with a loan, providing peace of mind and additional savings. Centrally located, this property offers convenient access to shopping, dining, entertainment, and Cape Coral's many parks and attractions. Whether you're running errands, meeting friends, or planning a day out, everything is just a short distance away. Cape Coral is more than a city—it's a lifestyle. With hundreds of miles of canals, easy access to the Gulf of Mexico, and proximity to world-renowned beaches, the SW Florida area offers endless opportunities for boating, fishing, and water sports. The vibrant arts scene, year-round events, and diverse culinary options add to the incredible charm and appeal of living here. Additionally, you'll enjoy being just a short drive from Fort Myers International Airport, making travel a breeze. This property is a blank canvas waiting for your vision. Whether you're planning to build a forever home, a vacation retreat, or an income-producing property, this lot offers incredible potential. Contact your favorite Realtor today to learn more about this incredible opportunity and start planning your future in Cape Coral!
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$98,000
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
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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 | $78,400 | $78,400 | $78,400 |
| 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 | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $464 | $483 | $635 |
| Total Monthly Payment | $539 | $558 | $710 |
* 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.