Presented byMatt Brown |
Enjoy stunning daily sunset gulf views from the new screened-in lanai of this 6th floor condo at Bonita Springs’ Beach and Tennis Club, ideally located directly across the street from Bonita Beach. This charming unit is on the southwest corner of building 4 offering impressive southern exposure sunlight and western sunset views all year. The condo is offered turnkey furnished and ready for you to enjoy including impact windows and sliding door, a brand-new water heater, 2 new ceiling fans, LED lights and unit was just freshly painted. The Beach and Tennis Club offers an excellent income opportunity allowing 3-day rentals, please inquire for rental history. This distinctive complex of five 10-story buildings sits on an expansive 15-acre site that offers plenty of space for amenities and backs up to the bay for kayak, paddleboard and boat access to the Gulf of Mexico (docks not currently in place). Two iconic dining options adjacent to the property and within easy walking distance; Doc’s Beach House and Coconut Jack’s Waterfront Grill. Complex is currently being restored and will be like new when complete. Repair of the concrete balconies in building 4 is underway and will be complete later this year. Complex is currently exploring multiple options for rebuilding the amenities including options with pickleball, tennis, bocce, a BBQ area and a resort style pool, please inquire for more information.
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$395,000
Broker Associate
William Raveis Real Estate
Phone: 239.580.8864
Matt.Brown@raveis.com
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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $44 | $44 | $44 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,102 | $2,100 | $2,665 |
Total Monthly Payment | $2,221 | $2,219 | $2,784 |
* 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.