8771 Estero BLVD, #501, Fort Myers Beach, FL, 33931 | $599,000

Breathtaking GULF VIEWS & WATEFRONT Living at Fort Myers Beach!
Welcome to paradise at Lovers Key Resort! This stunning condo offers an unparalleled investment opportunity with substantial RENTAL INCOME potential with the flexibility of DAILY RENTALS. Situated on the scenic shores of Fort Myers Beach, this property is in a prime location, drawing guests year-round for the ultimate beachside experience.
This fully furnished 1-bedroom, 1-bathroom corner unit offers waterfront views and an ideal investment opportunity. Lovers Key Resort has an in-house rental management company that you can use for rental
purpose or you can use any other rental company or do it by yourself. Located in a highly desirable area, this condo gives guests and owners the luxury of immediate access to Fort Myers Beach, dining, shopping, and all the vibrant local attractions.
Start your mornings on the private balcony watching the sunrise over the serene waters, and wind down with the mesmerizing sunsets right from your living room.
This community provides resort-style amenities, including a heated pool, fitness center, private beach access, assigned parking and a restaurant.
Don’t miss the chance to own a slice of paradise!

Features

  • Heating: Central Electric
  • Cooling: Ceiling Fan(s), Central Electric
  • Amenities: Bike And Jog Path, Business Center, Pool, Community Room, Community Spa/Hot tub, Fitness Center, Extra Storage, Restaurant, Condo/Hotel, Non-Gated
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: LOVERS KEY BEACH CLUB AND RESORT
  • Year Built: 2000
  • Approx Sq. Feet: 780
  • Acreage: 0.17
  • Est. Taxes: $607
  • Lot Desc: Oversize
  • View: Bay, Landscaped Area
  • Water Front: Yes
  • Pool: Electric Heat
  • Pet Policy: Number Limit
  • Appliances: Electric Cooktop, Dishwasher, Refrigerator/Freezer
  • MLS#: 224086341
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /prop/224086341/8771esteroblvd_fortmyersbeach_fl?source=qrflyer
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3330055FL. Properties displayed on this Website include properties listed with brokerage firms other than William Raveis Real Estate. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS™ Multiple Listing Service.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Shari FichmanSales Associate

860.841.7947

Shari.Fichman@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Russell BaboffVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1014636

860.463.1745

Russell.Baboff@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Justin SchunkInsurance Sales Director, William Raveis Insurance

860.966.4966

Justin.Schunk@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8771 Estero BLVD, #501, Fort Myers Beach, FL, 33931

$599,000

Shari Fichman

Sales Associate

William Raveis Real Estate

Phone: 860.841.7947

Shari.Fichman@raveis.com

Russell Baboff

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.463.1745

Russell.Baboff@raveis.com

NMLS Mortgage Loan Originator ID 1014636

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
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 7.443% 7.133% 6.256%
Monthly Tax Payment $51 $51 $51
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,228 $3,185 $4,041
Total Monthly Payment $3,371 $3,328 $4,184

* 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.