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Discover the perfect blend of Island Charm and a Beach Retreat in this COMPLETELY RENOVATED 4-bedroom, 2. 5-bath Pool Home, located on the coveted East End of Sanibel Island. Step inside to discover an expansive great room with vaulted ceilings, featuring an open floor plan to the kitchen and dry bar, creating the perfect backdrop for entertaining. Relax on the screened-in balcony porch and take in breathtaking sunsets while overlooking the sparkling pool and fenced backyard. Designed for the Florida lifestyle, this home offers seamless indoor-outdoor living! The Beach is about 650-feet away and a Beach Access Boardwalk will lead you to the pristine shores of Sanibel! After a day of sun and sand, take a short stroll to Wickies Lighthouse Restaurant for dinner and drinks and leave the cooking for later! The property has been completely updated, including energy-efficient hurricane-impact windows and doors, new HVAC system and ductwork, new water heater, updated electrical and plumbing, as well as a 2023 roof replacement. Elevated and renovated to current building code standards with 10x10 precast concrete pilings, this home offers peace of mind during storm season. Practicality meets luxury with a spacious 5-car garage, providing ample space for vehicles, toys and storage. Additionally, the home's prime location is just minutes from the Sanibel Marina, making it an ideal choice for boat enthusiasts. Whether you're looking for a personal paradise or a savvy investment, this home presents a fantastic opportunity as a high-demand, income-producing vacation rental!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $741 | $741 | $741 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,495 | $7,914 | $10,961 |
| Total Monthly Payment | $8,361 | $8,780 | $11,827 |
* 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.