Discover coastal living at its finest with this charming unique property which offers ONE SINGLE-FAMILY HOME WITH A GUEST HOUSE on a desirable CORNER lot with a POOL and SPA. The single family home features 2 bedrooms and 2 bathrooms, while the guest house is a cozy 1-bedroom, 1-bath layout. Both homes have NEW metal roofs, NEW A/C and thoughtfully remodeled and designed with comfort and privacy in mind. This home’s ability to host WEEKLY RENTALS makes it an ideal investment for short-term RENTAL INCOME potential, drawing guests looking to experience the beautiful Gulf Coast. The property is already being rented with the local rental management company making gross revenue of $106, 000 annually. Nestled in a prime location, just a short stroll from pristine sandy shores, it is the perfect investment opportunity or personal paradise. Designed with relaxation and convenience in mind, home features sparkling POOL and relaxing SPA, perfect for outdoor entertaining. This home’s spacious layout and outdoor oasis create an ideal setting for family living or as a high-demand vacation rental. Whether as a personal retreat or an income-generating investment, this property embodies the best of Fort Myers Beach living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $234 | $234 | $234 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,684 | $7,783 | $10,536 |
Total Monthly Payment | $8,043 | $8,142 | $10,895 |
* 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.