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Rare Opportunity: 42. 68 Acres in Fort Myers – Close to Beaches, Town, and Spring Training
This expansive 42-acre property in the heart of Fort Myers offers a perfect blend of convenience, luxury, and investment potential. Ideally located near beaches, downtown, and the spring training stadiums for the Boston Red Sox and Minnesota Twins, this is an opportunity you won’t want to miss.
Key Features:
Ranch-Style Home: A spacious ranch-style home with a pool and a fun slide, offering a perfect retreat for family and friends.
Outdoor Kitchen: A fully-equipped outdoor kitchen with a 12' hood, ideal for hosting gatherings and preparing meals in style.
Car Enthusiast's Dream: Multiple garages designed for your car collection, complete with 3 car lifts for easy access.
Feed Storage Barn: A sizable barn perfect for storing hay, feed, and other essentials for your animals.
Industrial Buildings: Two large industrial buildings at the back of the property provide ample storage for your RV, boat, or any other toys. One part has been spray-foamed and is ready to be transformed into a barndominium. The other houses a profitable marble business, complete with a C&C cutting machine and polishing area.
Development Potential: The back half of the property offers an exciting opportunity for residential development, with space for 30+ homes and a second easement providing access to Winkler Rd.
Whether you’re looking for a private, luxurious retreat or a property with business potential, this is the perfect place for you. With plenty of space to grow and develop, it offers endless possibilities. Contact us today for more information or to schedule a tour of this extraordinary property.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,599,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,279,200 | $5,279,200 | $5,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.727% | 6.560% |
Monthly Tax Payment | $661 | $661 | $661 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,651 | $33,803 | $45,626 |
Total Monthly Payment | $32,437 | $34,589 | $46,412 |
* 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.