New Price and Terms! Now Twenty six condo units that INCLUDE GARAGES! There are two buildings with 12 units in each building; 4400 Bonita Beachwalk Building C completed in 2009 and 4420 Bonita Beachwalk Building D completed in 2012. Two units in a third building 27991 Largay Way Building A. Zoning allows one week rentals. Seller may finance, 4. 5% interest, 30 year amortization, 5 year ballon with a pre-payment penalty for an early payoff or Seller will take cash. These units are all three bedroom three baths configured as a main unit with two bedrooms, two baths and an inlaw suite with one bedroom and one bath across the hall/breezeway from the main units' front doors. Modern features include high coffered ceilings, granite counters in kitchens and baths and all tile floors-no carpet. Building C master baths have showers and garden tubs and Building D has extended vanities with large showers. All first floor units have a covered screened lanai in back; the 2nd-3rd floor units have a a screened-in summer kitchen in front and a balcony in back overlooking a preserve. Ten units are furnished; six of them furnished turnkey for seasonal rentals. All units have one car garages, an additional parking space and there are additional spaces that could easily be set up for dedicated EV parking with chargers. Exterior and interiors recently painted. There is no condo association for two of the buildings, 24 of the units so they can be used as apartment buildings or owner can get condominium docs and sell as condominium units. The other two units are part of the Bonita Beachwalk Condo Assn. There are ten 2-2. 5 ton AC units on site ready to be installed. One mile to the BEACH!
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Our Executive Mortgage Banker:
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,520,000 | $7,520,000 | $7,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $7,380 | $7,380 | $7,380 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $48,151 | $46,915 | $64,992 |
Total Monthly Payment | $55,656 | $54,420 | $72,497 |
* 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.