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Presented by
The Source Team |
Set within the prestigious, gated enclave of Devonwood, this rarely available . 91-acre residential homesite offers the space, privacy, and flexibility to bring a true custom estate to life. Surrounded by impressive, million-dollar residences, the cleared parcel is one of the last opportunities to build in a neighborhood known for its expansive lots, quiet streets, and refined, country-inspired atmosphere—yet remarkably close to everything. Adding even more value, the seller has already invested in the vision for this property with a thoughtfully designed custom floor plan, providing an excellent starting point for your dream home while still allowing room for personalization. Devonwood is an intimate community of just 55 custom homes, where residents enjoy amenities that elevate everyday living, including a private Gulf-access boat launch with boat and trailer storage via Hendry Creek, tennis and basketball courts, and beautifully maintained grounds. Community guidelines call for a minimum living area of 3, 000 square feet, while offering the freedom of no required build timeframe and the flexibility to choose any builder or build as an owner-builder. Ideally located just off US-41 and near Six Mile Cypress Parkway, you’re minutes from Interstate 75, Southwest Florida International Airport, the white-sand beaches along the Gulf of Mexico, spring training stadiums, and an exceptional array of shopping and dining. An adjacent lot is also available, presenting a rare opportunity to expand your estate if desired. This homesite delivers the perfect blend of preparation, potential, and location in one of Fort Myers’ most exclusive and tightly held communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,900
Licensed Real Estate Salespersons
William Raveis Real Estate
Phone: 914.645.7157
TheSourceTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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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 | $463,920 | $463,920 | $463,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,562 | $2,781 | $3,729 |
| Total Monthly Payment | $2,654 | $2,873 | $3,821 |
* 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.