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Excellent investment opportunity in one of the fastest-growing areas of Lehigh Acres! This 0. 29-acre duplex lot is ready for development and offers a significant advantage over other vacant lots currently on the market. The property includes approved architectural plans and an active building permit, allowing the new owner to begin construction immediately and avoid lengthy design and permitting timelines.
As an added value, the owner has already made a deposit toward the floor trusses, helping reduce upfront construction costs and shortening the overall building schedule. This is an ideal opportunity for builders, developers, and investors seeking a shovel-ready project.
Located in a high-demand residential and rental market, this lot offers excellent potential for income generation, resale, or long-term investment. The property is conveniently located near Southwest Florida International Airport (RSW) and provides easy access to major roadways, shopping centers, schools, restaurants, and other area amenities.
All approved plans, permits, and related documentation are available for review. Take advantage of this rare opportunity to acquire a development-ready lot with much of the pre-construction work already completed. Start building immediately and capitalize on the continued growth of Southwest Florida. A true turnkey duplex development opportunity
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Our Executive Mortgage Banker:
Our Insurance Division:
$87,000
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 | $69,600 | $69,600 | $69,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $417 | $439 | $578 |
| Total Monthly Payment | $492 | $514 | $653 |
* 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.