LIVE WHERE THE SKY MEETS THE SEA! Imagine waking up to the soothing sounds of the Gulf or dining on your new screened-in lanai while basking in breathtaking pink sunsets from the 8th floor of The Bonita Beach and Tennis Club. The direct Gulf views from the 8th floor condo are simply unmatched! This sophisticated beachfront high-rise embodies coastal elegance and is being offered fully furnished and turnkey, ready for you to move in and start your vacation lifestyle every day! Special features include impact resistant windows and sliding doors, a fresh palette of soft blues, window coverings, a ceiling fan, and stylish bathroom and kitchen. Investors will appreciate the rental potential at The Beach and Tennis club, which allows for a minimum of 3-day rentals-please inquire for proven rental history. This charming boutique lifestyle community is comprised of five buildings spanning across 15 acres, offering ample space for the new amenities. There's also access to the Bay for kayaking, paddleboarding, and boating to the Gulf of Mexico. (Please note; docks are not currently in place). Adjacent, you'll find popular dining spots like Doc's Beach House and Coconut Jack's Waterfront Grill, and the white sandy beaches - Barefoot and Bonita Beach are just steps away! There's an active community restoration plan in progress! The HOA is exploring options to rebuild and enhance the amenities, including pickleball, tennis courts, bocce, a covered viewing area, fire pit, and a resort-style pool. Don't miss your chance to own a slice of paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$395,000
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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $44 | $44 | $44 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,100 | $2,665 |
Total Monthly Payment | $2,302 | $2,219 | $2,784 |
* 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.