Perfectly located at the end of a quiet cul-de-sac (no traffic, total privacy, and absolute tranquility), this end-unit townhouse in Summerlin Trace is a must-see! It’s the largest unit available in the community, featuring 3 bedrooms and 2. 5 bathrooms, giving you all the space you need to accommodate guests and/or children.
This comfortable and meticulously maintained townhouse in South Fort Myers is move-in ready and only needs your personal touch. It boasts a spacious kitchen that opens to a large living area, along with a roomy covered lanai perfect for grilling or relaxing in lounge chairs. The main living area features wood laminate flooring, while the kitchen and bathrooms have tile floors. You’ll also enjoy the convenience of an assigned parking space and a storage unit.
Key highlights include a brand-new roof (2023) and a new fence (2023), offering both peace of mind and a refreshed, modern look. The neighborhood is incredibly peaceful, providing the ideal setting for your Florida lifestyle.
Additionally, this property, as well as the Summerlin community, have never been flooded, adding to its reliability and desirability.
The Summerlin Trace community offers fantastic amenities, including a heated pool and a tennis/pickleball court. Its location is unbeatable—right in the heart of South Fort Myers. You’ll be close to shopping, dining, HealthPark Hospital, RSW International Airport and the medical center. It’s just a short drive to Fort Myers Beach, Sanibel, and Captiva Islands, and within walking or biking distance to the beautiful Lakes Regional Park, a 279-acre natural treasure.
This townhouse truly has it all, whether you’re planning to live here year-round, seasonally, or looking for an excellent investment opportunity!
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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 | $231,200 | $231,200 | $231,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $230 | $230 | $230 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,500 | $1,480 | $1,920 |
Total Monthly Payment | $1,805 | $1,785 | $2,225 |
* 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.