170 Lenell RD, Fort Myers Beach, FL, 33931 | $799,000

Kissed by the sun, anchored in paradise: a vacation home with the potential of paying for itself. Step into this 2-bedroom, 2-bathroom, 1, 394 sq. ft. condo located in Palm Harbor on Estero Island, Fort Myers Beach. Highlights include porcelain tile flooring throughout, an eat-in kitchen, a spacious great room and a private lanai with stunning views of intersecting gulf-access canals and Fish Tale Marina. You’ll find shops now open in Santini Plaza and anticipated restaurants slated to debut in early 2025. Stroll to the beach for a day in the sun, hop on the trolley for easy island exploration or dock your boat right at the marina. Everything you need - beach, boating, dining, shopping and convenience stores like CVS and 7-11 all within walking distance. Built in 2000, Palm Harbor offers resort-style amenities such as an onsite marina, a pool and spa, a cabana with a kitchen, gas grills and tennis courts. HOA covers TV, internet, insurance, water and more. With weekly rentals allowed, this condo is both a vacation home and an income-producing opportunity.

Features

  • Building Design: High Rise (8+)
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Bike Storage,Community Boat Dock,Community Pool,Community Room,Community Spa/Hot tub,Extra Storage,Fishing Pier,Internet Access,Marina,Sidewalk,Tennis Court,Trash Chute
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: PALM HARBOR CLUB
  • Development: PALM HARBOR CLUB
  • Year Built: 2000
  • Approx Sq. Feet: 1,394
  • Acreage: 0.25
  • Est. Taxes: $524
  • Condo Fee: $2,706 Quarterly
  • Lot Desc: Zero Lot Line
  • View: Water
  • Community Type: Boating,Condo/Hotel
  • Water Front: Yes
  • Boat Access: Dock Lease,Dock Purchase
  • Pet Policy: With Approval
  • MLS#: 224096618
  • Website: https://www.raveis.com
    /prop/224096618/170lenellrd_fortmyersbeach_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 Douglas Elliman Florida,LLC

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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

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170 Lenell RD, Fort Myers Beach, FL, 33931

$799,000

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 $639,200 $639,200 $639,200
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 $44 $44 $44
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,415 $4,306 $5,437
Total Monthly Payment $4,551 $4,442 $5,573

* 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.