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Discover the perfect opportunity to build your dream waterfront home on this canal-front residential lot in Northwest Cape Coral. Located in a rapidly growing area of the city, this property offers approximately 10, 000 sq ft of land (80 × 125) with peaceful canal views and plenty of space to design a custom home with outdoor living areas.
The lot features western rear exposure, providing beautiful afternoon sunlight and stunning Florida sunsets over the water—ideal for enjoying a future pool, lanai, or dock overlooking the canal.
Nearby properties on NW 21st St are on canals such as Tuna Canal, which connect through Alligator Slough Canal ? North Spreader Waterway ? Matlacha Pass ? Gulf of Mexico
Situated on a quiet street surrounded by new construction and modern homes, the property offers easy access to shopping, dining, schools, and major roads leading to Fort Myers and Southwest Florida beaches. Northwest Cape Coral is one of the fastest-developing sections of the city and is located near the planned Seven Islands Project, a future waterfront destination expected to bring marinas, restaurants, and recreational amenities to the area.
Whether you’re a builder, investor, or future homeowner, this waterfront lot provides an excellent opportunity to secure property in one of Southwest Florida’s most desirable boating communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$60,000
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 | $48,000 | $48,000 | $48,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $284 | $299 | $392 |
| Total Monthly Payment | $359 | $374 | $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.