5500 Bonita Beach RD, Bonita Springs, FL, 34134 | $398,000

Pool to be completed by the end of October, balcony construction to be completed in the complex by the end of January. Wonderful rental units as you can lease them on a 3-night minimum. Welcome to your serene retreat at Bonita Beach and Tennis Club! This charming studio condo on the 9th floor of building 5 offers mesmerizing views of the Gulf of Mexico, providing the perfect backdrop for unforgettable sunsets. Conveniently located across the street, Bonita Beach beckons, offering endless opportunities for seaside relaxation and water activities. After a day of sun-soaked adventures, treat yourself to a delightful meal at nearby dining establishments such as Doc's Beach House and Coconut Jack's, where you can indulge in delicious coastal cuisine and refreshing beverages while taking in the laid-back beachfront atmosphere. Recently updated, the bathroom offers a modern feel with new tile and a washer/dryer combo. Please note that while this condo does not currently offer amenities, the vibrant beach lifestyle more than makes up for it. Additionally, all concrete restoration project assessments will be paid at closing, ensuring peace of mind for the new owner. With its prime location, breathtaking views, and recent updates, this condo at Bonita Beach and Tennis Club offers more than just a homeā€”it offers a lifestyle. Don't miss out on the chance to make it yours.

Features

  • Building Design: High Rise (8+)
  • Heating: Wall Unit
  • Cooling: Ceiling Fans,Wall Unit
  • Levels: 10
  • Amenities: Bike Storage,Bocce Court,Common Laundry,Community Boat Slip,Internet Access,Pickleball,Sidewalk,Streetlight,Tennis Court,Trash Chute,Underground Utility
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: BEACH AND TENNIS CLUB
  • Development: BEACH AND TENNIS CLUB
  • Year Built: 1980
  • Approx Sq. Feet: 508
  • Acreage: 0.2
  • Est. Taxes: $533
  • Condo Fee: $1,874 Quarterly
  • Lot Desc: Oversize
  • View: Bay,Gulf,Gulf and Bay
  • Community Type: Condo/Hotel,Non-Gated,Tennis
  • Water Front: Yes
  • Boat Access: Boat Slip
  • Pet Policy: Not Allowed
  • MLS#: 224074608
  • Website: https://www.raveis.com
    /prop/224074608/5500bonitabeachrd_bonitasprings_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of My Florida Real Estate, LLC

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5500 Bonita Beach RD, Bonita Springs, FL, 34134

$398,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $318,400 $318,400 $318,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $44 $44 $44
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,118 $2,116 $2,730
Total Monthly Payment $2,237 $2,235 $2,849

* 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.