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PRIME INVESTMENT OPPORTUNITY IN THE HEART OF PORT LABELLE! This expansive 10, 018 Sq. Ft. (125x80) residential parcel is located Banyan Village (Unit 11). This area is characterized by steady long-term appreciation and a notable surge in new construction activity. Strategic Developer & Investor Potential: This property represents a high-value asset for builders focusing on single-family homes or strategic investors seeking land aggregation. With its flat topography and clear residential zoning (RG-3), it offers a clean slate to capitalize on the continued residential expansion of SW Florida
Maximum Cost Efficiency: Enjoy total freedom with no HOA fees and no CDD fees, ensuring exceptionally low holding costs while you finalize development plans. Minimal Environmental Risk: Public records indicate the lot is located in a "Minimal Risk" flood area (Zone X), typically requiring no flood insurance and reducing construction complexity. Rectangular lot, ideal for a variety of single-family floor plans. Located in a quiet residential setting just minutes from local dining, shopping, and schools. Strategically positioned for easy commuting to Fort Myers and Lehigh Acres. Whether you are looking to build a custom dream home or add a high-potential parcel to your investment portfolio, this lot offers exceptional value in a high-demand market. Pictures are from public/satellite sources. Zoning, utilities, and building requirements to be verified by buyer with Hendry County
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Our Executive Mortgage Banker:
Our Insurance Division:
$17,000
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 | $13,600 | $13,600 | $13,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.407% | 6.557% | 5.920% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $82 | $85 | $112 |
| Total Monthly Payment | $157 | $160 | $187 |
* 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.