171 Lanark AVE, Fort Myers Beach, FL, 33931 | $1,190,000

MOTIVATED SELLER! Welcome to 171 Lanark Avenue, a charming beach retreat nestled on Fort Myers Beach, FL. Step back in time and embrace the timeless allure of a vintage Florida beach home. This delightful home offers 2 bedrooms and 3 bathrooms, spread across 1, 100 square feet of thoughtfully designed living space. Situated on a generous 75 x 120 foot lot, this property provides ample opportunities for expansion, whether you're considering a charming addition, major new construction, or even a pool. This spacious lot allows for creative possibilities to enhance your living experience, making it an ideal choice for those looking to customize their beachside retreat. Enjoy peace of mind because of a new roof, new HVAC system, and new electrical upgrades to include a circuit breaker box and meter. The newly installed in-ground sprinkler system ensures green surroundings year-round. Step inside to discover a home with new LVP (Luxury Vinyl Plank) flooring throughout, complemented by new ceiling fans and freshly painted white walls that create a bright and inviting atmosphere. The living area is located on the second level, where you can take in breathtaking views of the beach and the Gulf of Mexico from the living room and your private deck. The main level features a separate laundry room and storage area, which was previously a studio apartment and can be easily converted back if desired. Both of these functional spaces are conveniently located within the two-vehicle carport area, providing practicality and versatility to suit your needs. This property is perfectly positioned for those seeking the ultimate beach lifestyle as it's just steps across Estero Blvd to the sandy shores of Fort Myers Beach. You'll also find your home surrounded by newly constructed multi-million dollar homes, enhancing your property's appeal and value. With no HOA fees, you have the freedom to make this home truly your own. Located mid-way on Estero Island, you're an inviting distance to Times Square, restaurants and the new Margaritaville Resort, as well as just a mile from local conveniences like Publix, 7-Eleven, and CVS. Furthermore, just a leisurely 30-minute drive from Naples to experience the delightful restaurants, elite shopping and other attractions. Whether you're looking for a permanent residential property, a vacation getaway, or an investment property, 171 Lanark Avenue offers endless possibilities for enjoying the Florida sunshine and stunning sunsets. Don't miss the chance to make this adorable beach house property your own slice of paradise!

Features

  • Amenities: Beach Access,Bike Storage,Extra Storage,Internet Access,Streetlight
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 3 full
  • Style: Other
  • Development: MCPHIE PARK
  • Year Built: 1978
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 1,020
  • Acreage: 0.21
  • Est. Taxes: $4,471
  • Lot Desc: Across From Beach Access,Regular
  • View: Partial Gulf
  • Community Type: Non-Gated
  • Water Front: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224097959
  • Website: https://www.raveis.com
    /eprop/224097959/171lanarkave_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 COMPASS FLORIDA LLC

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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171 Lanark AVE, Fort Myers Beach, FL, 33931

$1,190,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $952,000 $952,000 $952,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.750% 6.664%
Monthly Tax Payment $373 $373 $373
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,096 $6,096 $8,293
Total Monthly Payment $6,594 $6,594 $8,791

* 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.