Are you ready for this fantastic investment opportunity? This Fort Myers Beach Luxury beach home has been recently remodeled and COMPLETELY UPDATED AND UPGRADED FROM TOP TO BOTTOM. This home has been completed to be the perfect accommodation for a vacation rental or your private getaway. Relax in your expansive Master Bedroom Suite with French doors leading out to your private deck. NEW kitchen cabinets & countertops, appliances, furniture, security system, outside motion lights, NEW HURRICANE IMPACT WINDOWS, NEW tankless water heater, New HVAC, Mini Split AC upstairs, New Roof, Electrical wiring throughout, Outdoor Sound System, Pool deck, Saltwater Pool equipment, newly painted exterior and interior, New Tiki Bar with full size new refrigerator/freezer next to the oversized pool and hot tub and more TV's than your local sports bar. OVERSIZED pool/deck area is 50 ' by 40' with spa. This home is being offered turnkey and is ready to host guests immediately! NO NEED TO BE STUCK IN TRAFFIC driving to the north end of the island, you will be a short walk or bike ride away from Margaritaville, Time Square Area, shops, restaurants, activities. 6-minute walk to the beach. Active vacation rental. In a turnkey rental program.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,249,000
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 | $999,200 | $999,200 | $999,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 7.014% | 7.041% |
Monthly Tax Payment | $923 | $923 | $923 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,816 | $6,564 | $8,911 |
Total Monthly Payment | $7,864 | $7,612 | $9,959 |
* 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.