BEST VALUE IN PASEO!! Welcome to this freshly updated 2 bedroom, 2. 5 bath Santa Monica townhouse nestled in the vibrant, award-winning and perfectly-located Paseo community in Fort Myers. New in 2024: AC system, carpeting, and fresh paint - just move right in and enjoy! This condo is a perfect blend of style and comfort. The open floor plan ensures you can cook and entertain guests simultaneously, creating a warm, inviting atmosphere. The kitchen features stainless steel appliances and a custom seating/cooking island. Upstairs, find 2 private ensuite bedrooms with full bathrooms, a laundry center, and a built-in office nook for the perfect work-from-home days - your own private sanctuary! Enjoy sunsets overlooking the lake on your western-facing lanai. This unit also boasts an extra-deep and wide garage, providing extra storage space and a secure place for your car and toys. Living in Paseo means experiencing resort-style living at its best: the pet-friendly community is packed with fantastic amenities like a community pool/spa, fitness center, movie theater, restaurant, coffee shop, fishing pier, and courts for pickleball, tennis, and basketball. Plus, it's close to restaurants, shopping centers, beautiful beaches, RSW airport, and so much more. Owner occupy, or rent for supplemental income: this community allows up-to twelve 30-day rentals per year. Property is VRBO rented for February & March 2025, and Seller will transfer the VRBO listing and nearly-$11, 000 lease to the Buyer if closed before 01/31/2025. All furniture and furnishings are negotiable; the property can be purchased turn-key.
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,900
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 | $255,920 | $255,920 | $255,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $566 | $566 | $566 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,724 | $1,701 | $2,158 |
Total Monthly Payment | $2,365 | $2,342 | $2,799 |
* 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.