CALLING ALL INVESTORS!!! HIGH GROSS INCOME POTENTIAL!!! WEEKLY RENTAL STREET!!! Introducing a spectacular Buildable lot on Fort Myers Beach, Florida, perfect for Airbnb and STR Investors! This prime location is nestled close to the vibrant Times Square area and offers convenient beach access for guests seeking sun, sand, and relaxation. Imagine creating a dream vacation rental property on this inviting lot, where visitors can enjoy all that Fort Myers Beach has to offer. Builder introductions available. Multiple floor plans and designs to choose from. * Proximity to Amenities: This lot is perfect for those who love to be at the center of it all. With easy access to a variety of shopping, dining, and entertainment options, you'll never run out of things to do. Whether it's savoring delicious seafood, browsing unique boutiques, or enjoying live music, everything is within reach. * Beach Access: Just minutes away from the beautiful sandy shores, this property provides an excellent opportunity for beach lovers. Spend your days soaking up the sun, swimming in the crystal-clear waters, and indulging in all the recreational activities Fort Myers Beach has to offer. * Investment Potential: Given its prime location and proximity to popular attractions, this vacant lot is an excellent investment opportunity. Build your dream home or a vacation rental property and capitalize on the high demand for weekly rentals in this sought-after area. * Community and Lifestyle: Fort Myers Beach is known for its friendly and welcoming community. Whether you're planning to build a permanent residence or a vacation home, you'll find yourself in a vibrant neighborhood that offers a perfect blend of relaxation and excitement. Don't miss out on this rare opportunity to own a piece of paradise in Fort Myers Beach. Contact us today for more information and to schedule a viewing.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $495,200 | $495,200 | $495,200 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,336 | $3,291 | $4,176 |
Total Monthly Payment | $3,428 | $3,383 | $4,268 |
* 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.