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Explore the versatility of this 0. 35-acre residential parcel in Lehigh Acres, measuring approximately 417 feet wide by 36 feet deep, offering a unique wide and shallow configuration that presents numerous possibilities for savvy buyers. This well-proportioned lot provides ample space for various uses including a beautiful garden oasis, secure vehicle parking, or potentially as a mobile home site, though prospective buyers are strongly encouraged to verify all permitted uses with the local zoning department, Lee County authorities, or consult with a qualified real estate attorney to ensure compliance with current regulations. Located in the growing community of Lehigh Acres, this property offers an affordable entry point into Southwest Florida real estate with access to the area's expanding infrastructure and amenities. Whether you're seeking additional land for recreational purposes, a practical storage solution for vehicles and equipment, or exploring residential options, this parcel presents an opportunity to secure your piece of Florida at an attractive price point. The property's exceptional width along the street frontage allows for creative land use planning and excellent visibility, making it an intriguing prospect for those looking to maximize their investment in this developing region of Lee County.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,900
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 | $3,920 | $3,920 | $3,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.609% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $22 | $24 | $32 |
| Total Monthly Payment | $97 | $99 | $107 |
* 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.