Welcome home to The Palms at Bay Beach! Located just north of Lover's Key State Park on Fort Myers Beach, this 2 bedroom 2 bath condo is situated on the 3rd floor and offers a breathtaking panoramic view of Estero Bay. Enjoy sunrises and coffee on the screened lanai while watching manatees and dolphins play as they pass by. Floor to ceiling windows in the master suite allow all day appreciation of the magnificent water view. The updated light and bright kitchen is inviting with granite counters, upgraded cabinetry, and stainless steel appliances. Decked out in soothing neutral colors with wood look ceramic, plush carpeting, and custom mirrors in the dining area. Equipped with electric storm shutters and covered parking included under the building. Conveniently located just a short walk to deeded beach access, fishing pier, marina, shopping, waterfront dining, and more. Gulf access boat docks are also available for purchase or lease in the Bay Beach neighborhood. Own your own piece of Paradise and start living the Southwest Florida lifestyle to the fullest today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$435,000
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 | $348,000 | $348,000 | $348,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $23 | $23 | $23 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,374 | $2,313 | $2,935 |
Total Monthly Payment | $2,472 | $2,411 | $3,033 |
* 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.