Perfect for beach & boating enthusiasts! This charming Olde Florida cottage is only 0. 2 miles (a 3-minute walk) from Bonita Beach’s pristine shores (Beach Access #3) and steps to the bay, where you will find your Gulf-access dock and boat ramp. Nestled on a peaceful, private street, this residence offers serene bay views and a tranquil setting, surrounded by swaying palms and lush greenery. Includes a deeded 1/6 ownership in the adjoining Bayfront lot with a boat ramp & Gulf-access dock private to the six owners on Hickory Bay Dr (easy Gulf access in 10-15 minutes!) This light & bright, elevated home is immaculately maintained and offers 3 bedrooms, 2 bathrooms, and tile flooring throughout. The spacious screened-in balcony is a great place to unwind while enjoying scenic bay views. The completely remodeled & modern style kitchen is equipped with granite countertops, white European cabinetry, and stainless-steel appliances, including an induction cooktop & Bosch dishwasher. Additional features include electric/manual hurricane shutters, ground-floor flex space, walk-in closets and ample parking for multiple vehicles and a boat, plus 2 carports that could be enclosed as a garage! Whether you're looking for a cozy vacation home, a great rental investment (no rental restrictions), or the perfect site for your future dream home, this property offers fantastic possibilities. Bonita Beach is a top-rated destination conveniently located between Barefoot Beach State Park and Lovers Key State Park. It is also close to casual & fine dining and has easy access to RSW airport, Mercato Shops & Restaurants, Waterside Shops, and only 18 miles to Naples 5th Ave South. **This house does not physically sit on any body of water. However, it conveys with a deeded 1/6 interest in the waterfront/bayfront parcel with 6 boat slips at the end of the street***
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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 | $868,000 | $868,000 | $868,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $553 | $553 | $553 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,630 | $5,486 | $7,561 |
Total Monthly Payment | $6,308 | $6,164 | $8,239 |
* 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.