WEEKLY rental with high Potential Income!! Welcome to your Coastal Retreat on Fort Myers Beach. Newly built in 2016, this Expansive 2, 662 sq ft Pool home offers 4 bedrooms, 4 baths situated on 2 floors over the garage. Perfect as a Vacation Home for yourself or a or a combination of both. This delightful property offers everything you need for a luxurious and relaxing experience, including; Saltwater Pool & Hot Tub to enjoy the ultimate in relaxation, Outdoor Tiki Bar, Custom Kitchen with KitchenAid Appliances, Wet Bar & the Open Concept Living area Floor plan leaves room for a future elevator. The Master bedroom has 2 walk in closets (one is elevator shaft) with shelving and hanging rods, as well as a large storage closet off the bathroom. It also has a large sliding door to the private balcony to take in sunsets over the bay and Gulf of Mexico! Views from the upper back deck showcases the Saltwater pool and spa area, landscaping and authentic, custom, Seminole crafted Chikee Hut. This amazing home is being offered TURNKEY, from furnishings with bedding to towels, silverware, even a waffle maker. In addition, this Oversized lot stretches from San Carlos Drive to South Second Street, with room to add a garage or pool house. This property also features a 4-car garage, as well as parking for your recreational vehicles. The property is stretching to South Second Street wich allows the home owner to add another garage or pool house! The home has a large elevator shaft from the garage to the top floor, but no elevator has yet been installed. Those areas are currently utilized as additional storage. Plus there is a successful rental history grossing well over 100K in previous years before Ian. An added bonus is the home is within a short walking distance to Doc Fords, Dixie Fish Co, FMB Trolley Stop and the 10-15 minute walk to the beach over the bridge offers spectacular views! Enjoy a variety of dining options in the Pier district such as Margaritaville, Nervous Nellies, Yucatan and Snug Harbor. Whether you're looking for a peaceful retreat or an exciting beachside adventure, this property has it all. Don’t miss out on this incredible opportunity to own a piece of paradise!
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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 | $1,396,000 | $1,396,000 | $1,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $1,081 | $1,081 | $1,081 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,054 | $8,824 | $12,161 |
Total Monthly Payment | $10,259 | $10,029 | $13,366 |
* 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.