Something old, and something new, both featuring a spectacular view! This is a hyper-rare opportunity to purchase an epic piece of Goodland and Southwest Florida history, along with the magnificent adjoining direct access lot. First, we have approximately 150' of direct access frontage and a historic structure situated on 305 Pear Tree Avenue. This property has a long history from when it was used as a commercial fish business dating back to 1954. The fish business is no longer operational, but, there is a remodeled 1 bedroom/1 bath chic unit featuring ductless AC that is ready to be enjoyed immediately. The possibilities for this property to be reimagined are priceless. Old-timers will remember this property as the Pompano Fish House, Sawyer's Fish House, Marker 7 Fish House, or just, The Fish House. Second, we have a cleared direct-access waterfront lot featuring approximately 340' of brand-new seawall with a total lot size of approximately . 37 acres. The lot features a 30' x 50' existing boat basin with a current permit, in hand, from the Florida DEP and The Army Corps of Engineers for dredging the canal and basin if desired. Additionally, a large dock could also be built along the seawall for a large boat, or additional dockage for water toys. The views from the lot are those that most people dream about when thinking of having a waterfront home, and here it is within your grasp. The Seller will not sell 305 Pear Tree without 301 Pear Tree included, which is priced at $2, 600, 000. 305 Pear Tree to be sold As-Is.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $243 | $243 | $243 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,189 | $5,189 | $7,079 |
Total Monthly Payment | $5,524 | $5,432 | $7,322 |
* 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.