No rebuild requirement. Low dues, less than $50/month. Not a 55+ community. Only 5 lots away from Hurricane Bay! Live in Fort Myers Beach on a deep water canal with Gulf access and own the land. This vacant parcel on San Carlos Island is located within walking distance to the Key West Express, multiple restaurants (Dixie Fish Company, Doc Fords Rum Bar & Grille, Parrot Key Caribbean Grill, etc) and marinas including the new development of Compass Rose Marina with a proposed restaurant, condos and townhomes. Gulf beaches are conveniently located a quick bike ride over the Matanzas Pass Bridge. Emily Lane boasts LOW monthly dues, with very minimal restrictions on age, rentals, and pets and is the only street in the subdivision with the benefit of central water and sewer. Lee County recently amended Emily Lane MHPD to allow for the construction of conventionally built or modular single-family dwelling units as alternatives to mobile home development currently permitted. The Association has no building height restrictions as long as it complies with zoning and code requirements. Minimal setbacks allow you to place your new home within a few feet of the canal to see manatee and dolphin swim by. Build your own dock for your pontoon/fishing boat or a deck for sunbathing. In 2022 prior to the hurricane, the soil was stabilized with Polyurethane Grout by Stable Soils (supports the land by the sea wall) and all new vents were placed in the sea wall. Builder referrals are available!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,637 | $1,595 | $2,025 |
Total Monthly Payment | $1,712 | $1,670 | $2,100 |
* 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.