Are you searching for the perfect coastal retreat where you can seamlessly blend comfort and convenience? Imagine owning a home where you can host guests in style with an attached In-Law Suite OR maximize your investment potential with a charming duplex. Consider establishing a thriving two-unit condo community, offering the opportunity to sell one unit and reside in the other—all within an enviable 300 feet from the shoreline. This is coastal living at its finest, where you can capitalize on investment potential while indulging in the tranquility of beachside living! Your dream of coastal living awaits! This massive 85' x 120' parcel in the WEEKLY RENTAL ZONE on Estero Boulevard answers your dreams! With not one but TWO beach accesses just a diagonal stroll across the street, you'll be faced with a tough choice every day! Imagine waking up and deciding which beach access to use today – the ultimate beachside dilemma! This prime piece of real estate puts you less than 300 feet from the sand, making it the perfect spot for building your island beach home. And the possibilities are endless! The Town has already given the green light for building two dwelling units, so whether you envision a beautiful new home with a guest apartment or a stylish duplex, this property has you covered! But the perks don't stop there! With convenient access to Publix just a short walk away and popular dining spots like The Junkanoo and Fresh Catch Bistro a mere 1/3 of a mile nearby, everything you need is right at your fingertips! Plus, exploring the entire island has never been easier with the Trolley Station located at Publix! As Ft. Myers Beach experiences a resurgence in property values and new construction, there's no better time to jump on board and secure your piece of paradise. More and more new construction is starting every day! We are fast-tracking the rebuilding of Ft. Myers Beach, and we are looking good!
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:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,067 | $6,893 | $9,240 |
Total Monthly Payment | $7,192 | $7,018 | $9,365 |
* 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.