This 2 Story Custom Coastal bay front home sits on what is perhaps the best bay lot in all of Fort Myers Beach and offers: nearly 200’ of seawalled bay frontage of turquoise waters with the pass to the Gulf of Mexico immediately to the west, ultimate exposure - south, southeast and southwest provides sun on the pool all day and natural light throughout the home, just a short walk to one of Ft Myers widest & most beautiful beaches, premier boating from your private dock with lifts for two boats plus jet skies and kayaks and only a couple of minutes to the Gulf, a beautiful concrete home with impact windows and doors, huge garage space for 4 cars and toys, private elevator, 4 bedrooms 4 baths, open floor plan with wide and long bay views from everywhere, rare “live completely on one level” plan, kitchen open to large great room with gas fireplace, dining room on the water, an expansive covered lanai with stairs leading to the pool and spa right on the bay, a custom fire pit area, and large yard area for kids, grandkids and pets, Other features include quality millwork, builtins, solid interior doors, custom wood kitchen cabinetry, large island, 48” gas range, fantastic bedroom and bath with custom closets and an amazing recreation room for family & friends parties and everyday fun! This home is located at the very southern tip of Fort Myers Beach for easy access to the many restaurants, shopping, entertainment venues and golf courses in Bonita Springs and Naples.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,875,000
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 | $4,700,000 | $4,700,000 | $4,700,000 |
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 | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $3,678 | $3,678 | $3,678 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,484 | $30,095 | $41,266 |
Total Monthly Payment | $34,287 | $33,898 | $45,069 |
* 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.