|
Located less than a block from the Caloosahatchee River and just one block from Russell Park Boat Ramp, 228 Del Ray Ave offers a truly unique advantage that sets it apart from every other nearby parcel.
This is one of the only lots near the river with existing water, sewer, and electric hookups already in place, saving a future owner significant time, cost, and permitting hurdles. Water and sewer are connected and on site. Electric service is live and secured, with hookups capable of supporting 50, 30, and 20 amp service, making the property fully plug-and-play for an RV or construction setup.
The neighborhood is equipped with fiber optic internet, adding modern infrastructure to an already exceptional location. With no concrete slab in place, the lot is clean, flexible, and truly ready for new construction, whether you are planning a primary residence, second home, or investment project.
Steps from the river, moments from downtown Ft Myers amenities, and fully utility-ready, this property offers a rare chance to build in one of Fort Myers’ most desirable and supply-constrained areas, without the usual delays.
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:
$59,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $47,200 | $47,200 | $47,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $272 | $302 | $392 |
| Total Monthly Payment | $347 | $377 | $467 |
* 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.