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80 X 120, 0. 22-ACRE LAKEFRONT LOT IN A PRIME BONITA SPRINGS LOCATION WEST OF US-41! JUST 2 MILES OR A 5-MINUTE DRIVE TO THE PRISTINE SANDS OF BAREFOOT BEACH AND BONITA BEACH! TFC-2 ZONING WHICH ALLOWS FOR conventional single-family homes OR two-family attached dwelling units* (buyer to conduct own due diligence). Discover an exceptional opportunity to build your CUSTOM DREAM HOME, designed to your exact specifications while incorporating the LATEST BUILDING CODES and enjoying beautiful LAKE VIEWS. With NO HOA FEES AND NO RENTAL RESTRICTIONS, this property offers excellent flexibility as either a private residence or a strong investment opportunity. This location offers close proximity to several of Bonita Springs’ top-rated chef-owned restaurants such as C-Level, Petar’s, and A Table Apart, as well as boating clubs like Bay Water Boat Club, offering a convenient no-maintenance boating lifestyle. Nearby waterfront homes on surrounding streets have recently sold for upwards of $4M. This lot is located just minutes from DOWNTOWN BONITA SPRINGS, offering Riverside Park with year-round festivals and concerts, a new public library, a popular food truck park, historic Shangri-La Springs, and a vibrant mix of restaurants, cafés, and boutiques. One of the area’s most popular destinations, Sugarshack, is also located nearby and is known throughout Southwest Florida as a lively hub for music, art, and community events. Conveniently located near Promenade at Bonita Bay and Coconut Point, and about 15 minutes to Mercato, Waterside Shops, and 5th Avenue South. Enjoy easy access to Bonita Beach and Barefoot Beach as well as RSW International Airport via I-75 or Imperial Parkway.
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.524% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,065 | $1,123 | $1,483 |
| Total Monthly Payment | $1,140 | $1,198 | $1,558 |
* 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.