Arguably one of the best condos available, boasting year-round sunset vistas from its prime location on the sixth floor. Imagine waking up each day to breathtaking views of the Caloosahatchee River and bay. This unit features two separate balconies, each offering stunning water panoramas. The side balcony overlooks the Sanibel Harbour Yacht Club to the north, while the main balcony faces west, ensuring postcard-worthy sunsets every evening. Corner units like this are prized for their additional side balcony, providing an added allure. Direct access to the main balcony from the master bedroom enhances the convenience and charm of this residence. The unit's open layout allows for seamless enjoyment of the water views while cooking in the kitchen. The master bedroom boasts ample space, a large bathroom with a walk-in closet, and an additional adjacent area. The second bedroom is generously sized, accommodating two single beds with ease. Sold fully furnished and turn-key ready, with in-unit washer and dryer for added convenience. Please note that the Punta Rassa community suffered damage from Hurricane Ian, and ongoing repairs are in progress across all buildings. The provided photos showcase the unit's pre-Hurricane Ian appearance, with the countertop recently upgraded to brand new quartz, as depicted in one photo. All furnishings have been preserved and are available for sale with the property, ensuring a seamless transition for the new owner. Drywall work in the unit has been completed. Buyers are advised to conduct thorough due diligence, as the property is being sold as-is. Access to the unit is temporary suspended, but will get photos of the current condition as soon as possible. Anticipated occupancy is late 2024, presenting an opportune moment for the new owner to add their personal touches and bask in the exceptional views. Please see the Virtual Tour link for a nice walk-through of the condo.
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William Raveis Real Estate
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $2 | $2 | $2 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,156 | $2,127 | $2,699 |
Total Monthly Payment | $2,233 | $2,204 | $2,776 |
* 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.