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This oversized 0. 46-acre multi-family zoned property in the growing Burnt Store Lakes area offers a rare opportunity for builders, investors, or future homeowners. Consisting of three combined lots, this nearly half-acre parcel allows for a spacious custom residence or potential multi-family development, with surrounding properties featuring both residential homes and income-producing properties. Located just minutes from Burnt Store Marina, Punta Gorda Airport, I-75, Cape Coral, and the upcoming Seven Islands project, this property is positioned in one of Southwest Florida’s fastest-growing areas. Residents enjoy access to public utilities, nearby boating, kayaking, dining, golf, and outdoor recreation. Seller may consider package opportunities and financing options may be available vía our lender partners. Great opportunity to build now or invest for the future.
Only serious offers and no wholesalers. In summary, each lot is listed at $59, 900 at . 46 acres each. They are clear of trees. There are three lots side by side -- only being sold as a package deal and not individual. Lot 9 (16791 San Edmundo Rd), Lot 10 (16801 San Edmundo Rd), Lot 11 (16801 San Edmundo Rd).
Zoning allows for multi-families and or single family houses, you can build duplexes or town homes here. If you need professional resources like architects, engineers and builders and lenders we can assist with that.
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Our Executive Mortgage Banker:
Our Insurance Division:
$59,900
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 | $47,920 | $47,920 | $47,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $291 | $303 | $398 |
| Total Monthly Payment | $366 | $378 | $473 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.