Discover the epitome of Luxurious Coastal Living with this spacious 2, 343 Sq Ft under AC Beach home. This NEW CONSTRUCTION home offers an expansive 5 Bedroom / 4. 5 Bathrooms, Elevator, wrap around Balcony, Salt Water Pool and just a short stroll to the Beach. Plus, this is an unbeatable investment opportunity with Short Term Rental zoning and perfect for Personal use. Luxury customization options are available. At its heart is a stunning kitchen, featuring an oversized eat-in island, premium stainless steel appliances, and ample counter space, perfect for hosting gatherings. The lavish primary suite includes a soaker tub and double vanity, while the secondary bedrooms each have ensuite bathrooms for added comfort. With two living levels, he floor plan maximizes square footage and coastal views, making it perfect for vertical builds. The great room flows into the kitchen and dining area, creating a welcoming space for mingling, with sliding glass doors leading to the deck. The primary suite on the second floor features an ensuite bathroom with a soaking tub, double vanity, and a private water closet. The second-floor deck, accessible from the living area, offers ample outdoor seating and breathtaking views, perfect for entertaining. Currently under construction and nearing completion, this property still offers design options for personal customization. This is a rare chance to maximize rental income while enjoying an exquisite coastal lifestyle. Fort Myers Beach is undergoing a remarkable revitalization, transforming into a premier destination. The new Margaritaville Resort is among the exciting additions, promising a vibrant mix of dining, entertainment, and leisure activities. This property’s prime location offers easy access to these new amenities, pristine beaches, local marinas, and a variety of outdoor recreational opportunities. Becoming an owner in the new Fort Myers Beach means being part of a dynamic, growing community with rising property values, excellent dining options, and a friendly atmosphere. Don't miss out on this chance to own a piece of paradise and experience the enhanced lifestyle this revitalized area offers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,499,999
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,999,999 | $1,999,999 | $1,999,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $370 | $370 | $370 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,806 | $12,806 | $17,560 |
Total Monthly Payment | $13,301 | $13,301 | $18,055 |
* 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.