16881 Davis RD, Fort Myers, FL, 33908 | $189,900

Welcome to Davis Woods, located in a premiere location, minutes from Sanibel Island Causeway and Fort Myers Beach. This is a great opportunity to own a rarely available first floor 2 bedroom 1 bath unit in this complex. The first floor units were affected by Hurricane Ian and are in the process of being rebuilt by the Association. Brand new roof, A/C units, HVAC, plumbing, electrical, hurricane rated windows and patio doors. Hurry and pick out your own finishes! All will be brand new. Great investment opportunity with 30 day rentals, snowbirds or year round living. Large lanai walks right out to the pool from this sunny condo location.

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: Community Pool,Shuffleboard
  • Rooms: 1
  • Bedrooms: 2
  • Baths: 1 full
  • Complex: DAVIS WOODS CONDOMINIUM
  • Development: DAVIS WOODS CONDOMINIUM
  • Year Built: 1982
  • Approx Sq. Feet: 732
  • Acreage: 0.15
  • Est. Taxes: $104
  • Master HOA Fee: $455
  • Lot Desc: Zero Lot Line
  • View: Landscaped Area,Pool/Club
  • Community Type: Tennis
  • Pet Policy: Not Allowed
  • MLS#: 224093464
  • Website: https://www.raveis.com
    /prop/224093464/16881davisrd_fortmyers_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Real Broker, LLC

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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
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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
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16881 Davis RD, Fort Myers, FL, 33908

$189,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $151,920 $151,920 $151,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $9 $9 $9
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,049 $1,024 $1,292
Total Monthly Payment $1,133 $1,108 $1,376

* 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.