Looking for a Beautiful Riverfront Home that offers Peace & Privacy?. . . then welcome to life in the country along Millionaires' Row in Alva. Beautiful private community with luxury riverfront estates and upscale hobby farms along prestigious Duke Highway. This gorgeous Home offers Direct Deep Water Gulf Access to the west on the Caloosahatchee or through Lock System to the East to the Lake Okeechobee and the Atlantic. Located in the Quaint Community of Alva minutes away from I-75, Babcock Ranch, Shopping and Fort Myers Downtown River District. Meticulously Maintained Inside & Out. With it's Southern Exposure you can enjoy spectacular sunrise and sunset views along the river from almost every room in the house! Light and Bright with tons of upgrades including Travertine Tile, 2 Stone Fireplaces, Tray Ceilings, Gourmet Kitchen w/stainless appliances, wood cabinetry with new sliding shelving & level 5 granite. Master suite w/huge Master Bath to die for! Outdoor Spa on the spacious paver lanai with plenty of room to add a large pool. Custom Plantation Shutters and blinds throughout. Impact Windows & Roll Down Shutters for your peace of mind. Expansive Covered Paver Lanai featuring glass pocketing sliders and winding paver walkway to the new Trex Dock with new boat cover and remote control lift. Got lots of cars, toys, home business or like to tinker??? Then check out the fully Enclosed 2585 SF custom built, Air conditioned RV Garage w/5 Overhead Doors, 2 Side Doors, Enclosed Office/Workshop and parking for Class A Motorcoach, multiple vehicles, large boats, ATV's, & more! Solid Concrete Block construction with high Metal Roof to handle a 45'+ RV with drive through capability. Beautiful, secluded property with mature Oaks and Palms. Zoned AG-2. No HOA! Gas Generator and Whole House Reverse Osmosis Water Purification System. High Elevation.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,575,000
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 | $1,260,000 | $1,260,000 | $1,260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $829 | $829 | $829 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,383 | $8,068 | $11,150 |
Total Monthly Payment | $9,337 | $9,022 | $12,104 |
* 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.