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Expertly updated over the past two years, this spectacular direct-gulf-access custom home is presented for your consideration. Situated on an oversized lot with an expansive canal view, you'll be to the open water in minutes. You’ll enjoy 2813 square feet of indoor space that includes 3 bedrooms plus a den, 3 full bathrooms, a large dining/flex space with a vaulted ceiling, and an office nook. From the spacious outdoor living area with western exposure to the carefully curated interior spaces, you may feel as if you designed this property yourself. The home has been extensively restored and renovated – exceeding hundreds of thousands of dollars in outdoor improvements alone. You’ll find newer pool equipment and a picture-window screened lanai that frames the travertine pool deck. The pool tile was replaced, and high-efficiency air conditioning units were installed on elevated platforms. The home was recently painted inside and out, landscaping was added to showcase Florida’s natural beauty, and even the dock has been updated. The installation of an $80, 000 metal roof was completed in 2023, as were the addition of impact-resistant windows and exterior doors, including the garage door. The substantial list of interior upgrades is highlighted by the redesigned bathrooms, new skylights, office area with built-in desk, high-efficiency water heater, stainless steel appliances, plus granite countertops and high-end cabinetry throughout the home. Equally perfect as a year-round residence or a second home, this wonderful property can be found in the esteemed Palmetto Point neighborhood. Palmetto Point is conveniently located near Sanibel Island and Fort Myers Beach, minutes away from countless dining and entertainment choices. Common-sense deed restrictions strike the perfect balance between preserving the subdivision's charm and protecting homeowner rights. HOA fees are low and voluntary. Take a moment to view the 3D virtual tour, and see what sets this home apart from others.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,799,000
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 | $1,439,200 | $1,439,200 | $1,439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.235% | 6.164% |
| Monthly Tax Payment | $1,363 | $1,363 | $1,363 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,399 | $8,745 | $12,145 |
| Total Monthly Payment | $9,887 | $10,233 | $13,633 |
* 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.