This listing presents an excellent opportunity for investors, boating enthusiasts, and handy homeowners. This home boasts a spacious 1, 900 sq. ft. floor plan featuring 3 bedrooms, 2. 5 bathrooms, and an updated interior The home has hurricane-impact windows and doors, a 1-car garage, and a private dock. Set on an oversized 0. 39-acre lot with deep Gulf access, this property provides convenient boating routes through New Pass to the north and Wiggins Pass to the south. Additionally, it's just one mile from Bonita Beach, making it a prime location for water enthusiasts. The home experienced minor flood damage from Hurricane Milton, remediation is complete, and it's now ready for restoration to make it your own. This property is zoned TFC-2 (Two-Family Conservation District), which allows for two-family dwellings (duplexes/attached villas) as well as single-family residences. The zoning provides flexibility for investors or homeowners who may wish to explore options such as: Building a duplex for rental income. Utilizing the property as a short-term or long-term rental. Expanding or modifying the property for multigenerational living. This zoning further enhances the property's investment potential, especially in a highly desirable area like Imperial Shores, with proximity to Bonita Beach. Properties in Imperial Shores are rare and don't become available often—don’t miss out on this exceptional opportunity!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $673 | $673 | $673 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,482 | $6,146 |
Total Monthly Payment | $5,305 | $5,247 | $6,911 |
* 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.