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Beachfront Investment Opportunity on Don Pedro Island – Dual Renovated Units with Flexible Rental Potential!
Discover a rare opportunity to own two fully renovated beachfront units in the Colony Don Pedro community—Units 11 & 12, offered as a single property. With a total of 4 bedrooms, 4 full baths, and 2 half baths, this versatile layout features an interior connecting door, allowing the property to function as:
One large family retreat, Two separate 2BR/2. 5BA vacation rentals OR A personal getaway + income-producing unit.
Each unit features private screened and open lanais, plus shaded lounging areas below—perfect for outdoor entertaining or relaxing after a day on the beach.
Every detail has been thoughtfully updated: newer roof, modern kitchens & baths, upgraded flooring, electric, plumbing, and HVAC systems. The seller is offering a $5, 000 appliance credit per unit, allowing the buyer to select their preferred appliances.
Enjoy miles of pristine sandy beaches just steps away—perfect for shelling, shark tooth hunting, and peaceful strolls. With breathtaking Gulf sunsets, world-class fishing, and the laid-back lifestyle of golf carts, bicycles, and boats, this island gem offers the true essence of “Old Florida” living.
Community amenities include: Heated pool, Tennis court, Dockage with access to the Intracoastal and Gulf via just two bridges.
Whether you’re looking for an income-generating rental, a family compound, or a flexible island escape, this property delivers unmatched potential and coastal charm. Don Pedro Island is accessible via a short car ferry ride, keeping it quiet, private, and unspoiled.
Live, rent, or retreat—this is island life, your way.
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:
$2,510,000
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 | $2,008,000 | $2,008,000 | $2,008,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.121% | 6.018% |
| Monthly Tax Payment | $974 | $974 | $974 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,401 | $12,039 | $16,809 |
| Total Monthly Payment | $12,500 | $13,138 | $17,908 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.