Calling all investors, JUST REDUCED!—with stunning bay views, beach access, nightly and weekly rentals permitted, and an unbeatable location on the serene south end of Fort Myers Beach, this UPDATED 1 bed, 1 bath partially furnished condo offers an unparalleled coastal living experience for renters and owners alike. Updates include a beautifully remodeled kitchen. This unit also boasts breathtaking Bay views, allowing you to watch dolphins frolic and boats pass by from your wide balcony. Natural light fills the generous-sized bedroom and living/kitchen area, creating a warm and inviting atmosphere. When not relaxing inside, there are ample resort-style amenities to enjoy, including a fitness center, Flipper's-On-The-Bay restaurant, a sparkling lagoon-style bayfront pool with a waterfall feature and spa, BBQ picnic areas, bike and jogging paths, a business center, and more. Located conveniently across the street from Lovers Key State Park, this property provides endless opportunities for adventure and relaxation. Make this your beach getaway, rental investment, or seasonal residence, and experience the best of coastal living at Lovers Key Beach Club.
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$440,000
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 | $352,000 | $352,000 | $352,000 |
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 | $51 | $51 | $51 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,431 | $2,371 | $2,994 |
Total Monthly Payment | $2,557 | $2,497 | $3,120 |
* 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.