Exceptional Income-Producing Property and Fort Myers Beach! This newly renovated 4-bedroom, 2-bath income producing property delivers the perfect blend of luxury, comfort and prime location! Situated directly across the road from Fort Myers Beach, this property offers unparalleled access to one of Florida's most sought-after beach destinations. Guests and tenants will love the convenience of a short walk to the sand, dining, shopping, and vibrant nightlife. With a spacious layout that sleeps over 12 people, its ideal for large families or vacation groups. All the hard work has been done. Enjoy peace of mind with a newer roof, windows, flooring, paint, furniture and appliances. The stylish, modern finishes make this comfortable home move-in or rental-ready. The Outdoor Oasis offers the ultimate entertaining area! Whether lounging poolside or hosting gatherings, the fenced-in yard ensures privacy while having fun in the sun. The prime location and amenities make this property a lucrative short-term or long-term rental, with high demand year-round and is ready for immediate occupancy or rental. Your opportunity awaits and this is a chance to own a slice of paradise that pays for itself. Whether you’re an investor or looking for your dream vacation home, this property is the ultimate combination of location, comfort, and income potential. Turn your real estate goals into reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $803 | $803 | $803 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,740 | $6,568 | $9,053 |
Total Monthly Payment | $7,668 | $7,496 | $9,981 |
* 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.