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Experience stunning long-water views from this oversized Gulf-access lot in NW Cape Coral! Spanning . 29 acres with 85 feet of canal frontage, this eastern-exposure homesite offers the perfect setting to build your dream home, complete with an expansive pool and sunrise views over the water. Imagine stepping out onto your custom dock, enjoying year-round Florida sunshine, and living the waterfront lifestyle you’ve always envisioned. Located just minutes from Burnt Store Marina, Punta Gorda, and the vibrant waterfront community of Matlacha, this property also offers easy access to Punta Gorda Airport and the highly anticipated Seven Islands Project. Opening in 2025 just down the road, Crystal Lake Park will feature a beach, aqua park, hilltop lookout, scuba diving area, shaded picnic spots, fitness stations, playground, and boat/kayak/canoe launches—bringing world-class recreation right to your backyard. Paved road access, utilities nearby, and telephone poles already in place make this lot even more build-ready. Don’t miss the chance to secure your piece of paradise in one of Southwest Florida’s most exciting growth corridors. Your waterfront dream starts here.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $159,920 | $159,920 | $159,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,011 | $1,051 | $1,339 |
Total Monthly Payment | $1,086 | $1,126 | $1,414 |
* 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.