Experience luxury living at the Residence Resort style community in the heart of Fort Myers . High ceiling open space 1bed/1bath make you feel cozy and content. Well-kept with low HOA community. Unit located on 3rd floor with high ceiling, unit was renovated and add new appliances. Open concept kitchen, complete with a convenient breakfast bar. Large laundry room in the unit with extra storage space. Spacious bathroom features tub and shower combination gives you open space feel. Screened lanai offers a relaxing outdoor space with green treetops surroundings looking towards the Edison Mall. As a resident of this community you'll have access to an amazing amenities with fitness room and social huge room that you can invite your guests. Take a walk by the lake with your Pet towards community pool area with a BBQ facilities and clubhouse. Restaurants and shopping just a short walk away, as well as historic downtown of Fort Myers just a few minutes by car, this location truly has it all. Don't miss out on this incredible opportunity for luxury living in SW Florida. Perfect unit can be used as Vacation Home, Retired couple or first home buyers, relocation for any job or investors who are looking for residual income. The price is right for furnished unit and ready to move in, start your Vacation in Paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$162,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $129,600 | $129,600 | $129,600 |
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 | $189 | $189 | $189 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $873 | $861 | $1,093 |
Total Monthly Payment | $1,136 | $1,124 | $1,356 |
* 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.