Central None 101-103 Andre Mar, Fort Myers Beach, FL, 33931 | $849,900

HIGH INVESTMENT OPPORTUNITY! This unique property is zoned for up to THREE-FAMILY home, offering the potential for lucrative WEEKLY rentals in a rapidly evolving beach community. Just 2-minute walk to FORT MYERS BEACH and 5-minute stroll to the BAY, this location is perfect for both relaxation and adventure. Enjoy the benefits of RENTAL INCOME while personally utilizing one of the three units for your own seaside getaway. This lot includes a pool built in 2021, which, although damaged during Hurricane Ian, presents an opportunity for revitalization.
Picture yourself basking in the sun, enjoying water sports, or unwinding on your future deck while watching the sunset over the tranquil waters.
This prime location perfectly balances tranquility and convenience, with white sandy beaches just steps away. Experience the best of island life with nearby boat ramps for launching your kayak or paddle-board, and enjoy fishing from the dock on the bay.
Explore nearby state parks for unforgettable kayaking adventures and wildlife sightings, including manatees. Several marinas offer exciting options: pirate cruises, dolphin tours, and boat rentals, while jet-powered catamarans whisk you away on fun day trips to iconic Key West. Whether you choose to relax or take advantage of all this island has to offer, the choice is yours!
You’re just a short drive to Publix and a variety of restaurants, including Margaritaville, along with shopping and dining at Santini Plaza.
Act now and start planning your dream investment on Fort Myers Beach!

Features

  • Zoning: TFC-2
  • Frontage: 76
  • Lot Desc: Regular
  • View: Landscaped Area
  • Community Type: Non-Gated
  • Boat Access: See Remarks
  • MLS#: 224077733
  • Website: https://www.raveis.com
    /prop/224077733/centralnone101103andremar_fortmyersbeach_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 BERKSHIRE HATHAWAY FL REALTY

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Central None 101-103 Andre Mar, Fort Myers Beach, FL, 33931

$849,900

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $679,920 $679,920 $679,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.371% 6.372% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,186 $4,186 $5,738
Total Monthly Payment $4,278 $4,278 $5,830

* 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.