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Bayside Estates has essentially two half’s, split down the middle by Stevens Blvd. There is the retention pond side and the saltwater side. Both have their benefits. This lot is located on the retention pond side so there is always plenty of water in the canals. Once on the other side of the boat lift, the waterway to Hurricane Bay, Hell Peckney Bay, the Gulf of Mexico and beyond is completely unobstructed. Go shopping and pick out the manufactured home of your liking and have it delivered to this lovely lot and begin partaking in the benefits of this highly desirable community. As you can see, this lot has thousands of dollars in custom paver work, making your new home shine brightly. When looking to buy a vacant lot in Bayside Estates, you might consider a lot that has a seawall that is in good condition and a lot that already has a boat dock and boat lift included. This is one such lot. The boat lift has the aluminum structure in place for a boat cover.
Bayside Estates is the best kept secret of Fort Myers Beach. This incredibly active and friendly 55+ community is the crown jewel on the gulf coast. Bayside estates is only 2. 5 miles to the beach and is accessible by either car or boat--right from either your driveway or private boat dock. A very popular activity is riding your electric bicycles to the beach for the day and visit the world-famous Jimmy Buffett’s Margaritaville. Just don't step on a pop-top!!. Nearly all of the major retail vendors are within a very short driving distance for ultimate convenience. For those who don’t know a lot about Bayside Estates, it is a very fun place to call home---some would even say it’s a mature person’s playground. Whether you want to play pickleball, tennis or bocce ball or hang out at the community pool, or simply cruise the hood in your golf cart, there is always something going on around here. People are friendly and you will be warmly welcomed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$139,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $111,920 | $111,920 | $111,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.571% | 6.533% | 5.668% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $662 | $698 | $907 |
| Total Monthly Payment | $737 | $773 | $982 |
* 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.