NO damage from Milton, Helene, Ian or any other storms! Nicknamed "The Fort" at 14' elevation, this poured concrete block and stucco construction with a metal roof home has 14 Impact Resistant Simonton Stormbreaker windows that have a Lifetime Warranty that Transfers to the Buyer. The property has Beautiful Terrazzo flooring throughout. This is your opportunity to purchase into Bonita Shores well below the median listing price of 789K! The median rental price in Bonita Shores is $5, 500 a month or with NO rental restrictions you can Airbnb the property to make even more! Amazing rental investment opportunity with extremely low overhead! Bring you dogs of any Breed or Size! NO HOA! You can also bring your RV or Boat that you can park on the 2, 200 sq ft paver driveway. There is a deeded community Boat Ramp just 1/2 mile away with quick direct Gulf Access. Bonita Shores is located in Collier County! NO SPECIAL FLOOD ZONE! (X500)
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Our Executive Mortgage Banker:
Our Insurance Division:
$469,000
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 | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $71 | $71 | $71 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,494 | $3,164 |
Total Monthly Payment | $2,674 | $2,640 | $3,310 |
* 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.