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5256 Estero offers a RARE and captivating Gulf-to-Boulevard assemblage. Over 1/2 acres with 90 Ft of Gulf frontage and 270 feet of depth. (See 5300 Estero assemblage for additional Gulf Frontage). 5256 Estero includes THREE PARCELS of which there are two Gulf-front single-family homes totaling 8 bedrooms, 6. 5 baths, and over 4, 500 sq. ft. , along with a large multi-family parcel extending back to Estero Boulevard, which can also be divided into two single-home parcels—creating an irreplaceable development footprint on Fort Myers Beach. Exceptional Gulf-Front Investment & Development Opportunity! Zoned for new elevated construction with pools, the site offers exceptional flexibility for a luxury beachfront development, boutique resort, or private residential compound. For greater scale, it may be combined with the adjoining 5300 Estero assemblage, forming nearly 1. 25 acres with 210 feet of Gulf frontage—one of the most commanding continuous holdings on the island.
With limited Gulf-front inventory and strong redevelopment momentum, this property represents a prime investment opportunity offering long-term value, scale, and legacy appeal in the heart of Fort Myers Beach.
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:
$10,502,000
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 | $8,401,600 | $8,401,600 | $8,401,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,667 | $1,667 | $1,667 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $50,372 | $51,730 | $70,897 |
| Total Monthly Payment | $52,164 | $53,522 | $72,689 |
* 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.