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Presented by
The Lucci Witte Team |
This 2. 59 acre parcel in Lee County is located on Eagles Nest Drive in Bokeelia, Florida on the northern part of Pine Island. The property was formerly used as a palm farm and supports a variety of established palm trees as well as smaller newer palms. The existing vegetative cover includes mature palms and select oak trees near the existing structure.
The land is fenced and includes two separate gated entrances providing controlled access points from Eagles Nest Drive. A power pole and a metal storage building are present onsite. The storage building is suitable for equipment and supplies related to property maintenance or land management activities. An onsite well and water connections are installed. Public utilities including electricity and water are accessible at the site.
A portion of the property has been cleared and offers a suitable location for placement of a primary residence or other structures that comply with local regulations.
Pine Island and Bokeelia are part of the Cape Coral-Fort Myers Metropolitan Area and are known for their rural character relative to more urban parts of Lee County. Bokeelia is on the northern end of Pine Island along Charlotte Harbor, and the island’s proximity to open water and natural environments supports a broad scope of outdoor interests.
The property is accessible via a maintained local road and is within driving distance of basic services and amenities in the Pine Island area. Residents of Pine Island typically access grocery, retail, and community services in the greater Bokeelia and Pine Island Center areas. These island communities are connected by local roads to stringfellow Road (County Road 767), which leads to Cape Coral and the mainland.
In summary, this acreage offers a mix of mature landscape features, essential utility access, and flexible land use options. It may be suitable for agricultural use, land stewardship, residential development subject to permitting, and other rural land functions in Lee County.
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William Raveis Real Estate
Phone: 978.273.0099
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William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
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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 | $223,200 | $223,200 | $223,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,267 | $1,337 | $1,794 |
| Total Monthly Payment | $1,342 | $1,412 | $1,869 |
* 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.