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Outstanding Development Opportunity – 19 City Lots on Over 4 Acres in Growing Arcadia, FL!
Attention builders, developers, and investors! This is your chance to secure a prime piece of real estate in one of Southwest Florida’s most promising growth areas. This unique offering features 19 individual city lots, totaling just over 4 acres of land, all zoned R-3, allowing for a wide variety of residential development options. Whether you're envisioning a charming neighborhood of single-family homes, a complex of duplexes or triplexes, or even a larger-scale development such as condominiums or a multi-unit apartment complex, this property offers the zoning and size needed to bring your vision to life.
Conveniently located within the city limits of Arcadia, this property is supported by public utilities, including public water and public sewer via a force main, making it easier and more cost-effective to develop. The flat terrain and generous lot sizes allow for flexible site planning and layout design.
Arcadia is currently experiencing notable growth and revitalization, attracting new businesses, residents, and infrastructure improvements. The demand for quality housing is rising, and opportunities like this are becoming increasingly rare. With its central location, access to utilities, and favorable zoning, this property is a standout opportunity for developers looking to build in a flourishing community.
Whether you’re planning a rental income project, a for-sale housing development, or a mixed-use concept, this site offers the space and zoning versatility to make it happen.
Don’t miss out on this exceptional opportunity to invest in the future of Arcadia. Call today for more details or to schedule a tour of the property. Let’s talk about how this land can become your next successful project!
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:
$850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.361% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,022 | $4,187 | $5,738 |
| Total Monthly Payment | $4,114 | $4,279 | $5,830 |
* 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.