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BACK ON MARKET ! NO FAULT OF IT'S OWN!! Discover a rare, oversized buildable lot at 2304 SANTA BARBARA BLVD N, Cape Coral, FL 33993 — an exceptional blank canvas to design your dream home or an investment property tailored to the area’s strong rental demand. This spacious parcel offers plenty of room for a modern floor plan, a private pool, and the outdoor lifestyle that defines Southwest Florida living. Situated in a well-established neighborhood surrounded by newer homes and ongoing development, it combines peaceful residential charm with unbeatable convenience to shops, restaurants, schools, and local amenities.
Positioned within a FEMA-designated X flood zone, this lot does not require flood insurance, providing valuable peace of mind and long-term savings for owners and investors alike. The property also features an existing electrical utility pole nearby, allowing for an easier and more efficient connection during construction. Building in this part of Cape Coral is straightforward, with a well-organized permitting process through the city’s building division and experienced local contractors readily available to bring your vision to life.
Beyond the lot itself, the location is hard to beat — enjoy quick access to Pine Island Road for shopping and dining, nearby parks and schools, and an easy drive to Fort Myers, Sanibel, and area beaches. Cape Coral continues to thrive as one of Southwest Florida’s most desirable markets, offering a balanced mix of growth, recreation, and small-town comfort. Whether you’re looking to build your forever home, a seasonal retreat, or a long-term investment, this property delivers the space, location, and value to make it all possible.
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:
$31,000
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 | $24,800 | $24,800 | $24,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $143 | $149 | $199 |
| Total Monthly Payment | $218 | $224 | $274 |
* 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.