TWO HOUSES FOR THE PRICE OF ONE! This exceptional compound property presents a rare and lucrative rental investment opportunity, boasting a CAP rate exceeding 10% and the potential for even greater returns with turnkey Airbnb management. This property is a dream for investors seeking high income potential without the hassle of HOA restrictions, NO RENTAL RESTRICTIONS
The property includes a spacious 4-bedroom, 2-bathroom main house (Living area: 1417 sqft, Total area: 1760 sqft) and a fully equipped 2-bedroom, 1-bathroom guest house (Living area: 756 sqft, Total area: 799. 5 sqft), offering a total of 6 bedrooms and 3 bathrooms. Designed with modern elegance, the interiors feature tile flooring throughout, stainless steel appliances, white kitchen cabinets, and stunning quartz countertops, all complemented by impact-resistant glass doors and windows. The main house also boasts a refreshing pool and spa, ideal for tenants to unwind and enjoy Florida's sunshine.
Conveniently located just minutes from Bonita Beach and within 5 minutes of local stores, cafes, restaurants, and shopping plazas, this property combines prime location with unparalleled rental potential. Tenants will appreciate the proximity to sandy shores, breathtaking sunsets, and various recreational activities, making it a highly desirable destination.
Don’t miss this turnkey investment opportunity—a stunning new build with no HOA or rental restrictions in one of Florida's most sought-after areas. Plan your visit today!
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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 | $639,200 | $639,200 | $639,200 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $70 | $70 | $70 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,306 | $4,248 | $5,390 |
Total Monthly Payment | $4,468 | $4,410 | $5,552 |
* 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.