Discover your dream investment in this charming duplex in Bonita Pines, Bonita Springs, west of US41, on the x500 flood zone which doesn't require flood insurance. One side offers 2 bedrooms and 2 bathrooms, and the other side offers 1 bedroom and 1 bathroom, making it an ideal income-generating property. Offering a prime location with multiple options for rental income as 12-month leases, seasonal, or short-term rentals. Live on one side, rent out the other unit, lower or eliminate your mortgage payment.
Each unit offers modern interiors flooded with natural light. The duplex is surrounded by lush landscaping and boasts a private backyard for outdoor gatherings. Bonita Pines, known for its friendly community and excellent schools, offers convenient access to shopping, dining, and city amenities.
Residents will enjoy proximity to Bonita Beach, Coconut Point Mall, Everglades Wonder Gardens, and renowned golf courses. This duplex at Bonita Pines is an investment in a lifestyle for rental income or extended family living. Don't miss the chance to experience the best of SWFL Lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$610,000
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 | $488,000 | $488,000 | $488,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $229 | $229 | $229 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,329 | $3,243 | $4,115 |
Total Monthly Payment | $3,650 | $3,564 | $4,436 |
* 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.