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WATERFRONT CORNER LOT — OVERSIZED 0. 36-ACRE BUILD READY OPPORTUNITY IN BOOMING NE CAPE CORAL! Rare 15, 507 sq ft parcel offering 125' of canal frontage on the west boundary plus dual street exposure on Kismet Pkwy E and NE 6th Ave — a true corner lot with flexibility most Cape Coral parcels can't match. Sitting in FLOOD ZONE X NO HOA, NO CDD, no deed restrictions — bring your builder and your vision. The irregular shape (approx. 125 x 125 x 101 x 100 with a corner setback) accommodates a custom floor plan with room for a pool, screened lanai, and waterfront views from the primary living areas. Centrally located minutes to Del Prado Blvd, Pine Island Rd retail corridor, Tropicana Park, top-rated Lee County schools, I-75, and downtown Fort Myers. NE Cape Coral remains one of Southwest Florida's most aggressive growth zones — secure your position before land prices catch up to South Cape. Buyer and buyer's agent to verify all lot dimensions, utility availability, Gulf access status, and any pending city utility assessments.
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Our Executive Mortgage Banker:
Our Insurance Division:
$45,000
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 | $36,000 | $36,000 | $36,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $222 | $227 | $299 |
| Total Monthly Payment | $297 | $302 | $374 |
* 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.