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Presented by
Trupti Mali |
Pre-construction opportunity. To be built. Sale is for the lot with an existing structure, approved remodel permit with all fees PAID, and pool permit in hand with Design Concepts. Buyer need only submit an owner/builder affidavit with the building department or have their contractor provide required contractor information to the County. All remaining construction and development costs are the Buyer’s responsibility.
The remodel permit took over a year to obtain, and the home is fully prepared for transformation. The existing structure requires remodel per the approved building plans, with the planned addition built on top of the existing concrete block walls—no costly house lifting required. The home has been completely gutted, concrete has been cut and hammered for new thickened footings, and all that remains is removal of the trusses and roof.
Property includes two existing boat lifts (10, 000 lb and 20, 000 lb). The approved design features a beautiful open floor plan with vaulted ceilings, blending modern style with classic Old Florida appeal. Planned improvements include 2, 075 sq ft of finished living space, a two-car garage, and approximately 1, 215 sq ft of flex space on the lower level. Pool design does not encroach beneath the home, as shown in renderings.
Enjoy a 10-minute boat ride to open water via the Philips Canal, with easy access to Sanibel, Captiva, and Fort Myers Beach. Located in the heart of golf cart–friendly St. James City, close to the general store, fish market, Galt Preserve, St. Jude Nature Trail, Calusa Heritage Trail, and Pine Island Sound Aquatic Preserve. Community amenities include Civic Association Park events, free concerts, biking and walking paths, tennis and pickleball courts, a heated community pool, playground, tiki restaurants, and weekly live entertainment.
Come experience the laid-back island lifestyle you’ve been looking for.
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,000
Sales Associate
William Raveis Real Estate
Phone: 413.221.5160
Trupti.Mali@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 413.626.5626
Michele.Welch@raveis.com
NMLS Mortgage Loan Originator ID 293220
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $335,200 | $335,200 | $335,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.500% | 5.710% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,983 | $2,091 | $2,737 |
| Total Monthly Payment | $2,058 | $2,166 | $2,812 |
* 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.