BEAUTIFUL BEACHFRONT UNIT WITH SPECTACULAR GULF VIEWS ON BONITA BEACH! Delight in panoramic Gulf views down the coast to Naples & up to Sanibel. This updated & meticulously maintained condo features an open floor plan, 2 beds/2 baths, NEW HVAC, 2024 HOT WATER HEATER, electric + manual shutters & has a BRAND-NEW ROOF on the building! This coastal-inspired unit was designed & decorated to reflect the sea-glass colors of the paradise that surrounds. Relax & unwind on your screened-in lanai, while enjoying boats sail by, dolphin & manatee enjoying the Gulf waters, spectacular sunsets & even the Sanibel Lighthouse in the far distance! Light & bright kitchen features white cabinetry, ocean blue/green countertops, new dishwasher & ample storage. Other features include a dry bar with room for a wine fridge, spacious laundry room, updated bathrooms, beautiful Bay views from the guest bedroom & extra storage on the ground floor is being installed. Enjoy paradise with this perfect vacation home or as a rental income opportunity. As part of the building's new architectural design, the Egret will soon feature lushly landscaped tropical grounds with heated beachfront pool, community room with full kitchen/bathrooms, BBQ area and more. Renovations are rapidly progressing with newly installed mailboxes, a completed pool and pool deck, the building has been fully painted & the new lobby is almost completed! Perfect location steps to waterfront restaurants & fine shopping/dining at the Promenade, Mercato & Waterside Shops.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $182 | $182 | $182 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $4,042 | $5,145 |
Total Monthly Payment | $4,266 | $4,316 | $5,419 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.