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Here’s your chance to own an affordable 0. 23-acre residential lot in the growing and peaceful community of Port LaBelle, specifically in the Banyan Village subdivision. Priced at just $19, 000, this lot is a fantastic opportunity for anyone looking to build a custom home, create a vacation retreat, or secure a smart long-term investment in one of Southwest Florida’s hidden gems.
The property requires minimal clearing and is not located in a flood zone, making it easier and more cost-effective to begin building. Located on county-maintained paved roads with new construction homes nearby, the area is clearly on the rise and poised for continued development. With available connections for central water, electricity, and high-speed fiber internet, plus the need for a septic system, the lot is well-prepared for residential use without the burden of HOA fees or restrictive covenants.
Conveniently situated near State Road 80, you'll have easy access to LaBelle, Clewiston, and other nearby towns, offering a quick commute to shopping, dining, and outdoor recreation. LaBelle is known for its small-town charm, natural beauty, and access to Florida’s scenic outdoors, making it the perfect place for those seeking a relaxed lifestyle or a strategic investment.
Additionally, the owner has multiple lots located directly across the street and next door, which can be sold together as a bundle—providing an even greater opportunity for expansion or investment. Agents, please refer to confidential remarks for further details.
Don’t miss this opportunity to design and build your ideal living space in a quaint, up-and-coming neighborhood. Whether you're ready to build now or plan for the future, this lot offers flexibility, affordability, and strong potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$19,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $15,200 | $15,200 | $15,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $97 | $101 | $128 |
Total Monthly Payment | $172 | $176 | $203 |
* 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.