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Presented by
Benge Redding Team |
Freshwater canal-front lot in SW Cape Coral with direct canal frontage, R-1 single-family residential zoning, central water, central sewer, irrigation water, electric available, and no Gulf access.
Located at 623 SW 22nd Ter, Cape Coral, FL 33991, this vacant residential parcel offers approx. 0. 24 acres / 10, 629 sq. ft. on a quiet paved public street in Cape Coral Unit 62. The lot has a regular layout and is situated in an established residential area with nearby single-family homes.
The property features freshwater canal frontage, with canal width listed in MLS as 31–80 ft. No seawall, dock, or boat lift is currently installed. Any future seawall, dock, lift, site work, clearing, grading, or construction would be subject to city, county, environmental, and permitting requirements.
Convenient Southwest Cape Coral location near shopping, dining, parks, and major roadways. This freshwater canal-front lot offers a future waterfront homesite opportunity in one of Cape Coral’s established residential areas.
Buyer and buyer’s agent to verify all information, including zoning, buildability, utilities, assessments, lot dimensions, flood zone, waterfront details, and permitting requirements.
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Our Executive Mortgage Banker:
Our Insurance Division:
$99,900
Sales Associates
William Raveis Real Estate
Phone: 941.894.4216
BengeRedding@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 | $79,920 | $79,920 | $79,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $479 | $499 | $658 |
| Total Monthly Payment | $554 | $574 | $733 |
* 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.