HUGE PRICE REDUCTION! This is a perfect opportunity to purchase a beachfront property on the Gulf of Mexico and build your own dream home. Walk out to the white sand beach and watch the best sunsets that SWFL has to offer or if you prefer watch from your deck, lanai or through your picture windows overlooking the gulf. This lot is located just south of the mid point of Fort Myers Beach Island tucked between Naples and Sanible Island. Enjoy Gulf front seafood restaurants and energetic nightlife in the spirited Times Square. Tour the Island by bicycle, discover the archaeological shell mounds or just walk the beach for miles and miles. Explore Lover's Key or Kayak Estero Bay Aquatick Preserve, there are so many options. Convenient to the airport, hospital and many shopping areas. Marina options just across the street. Unlock your imagination and allow your vision to become your reality. Build your own beach escape with the sounds of waves in your own backyard, come create new family memories. The lot has just been prepared for the next owner. Anything left as debris (including foundations, footings and unwanted vegetation) has been demolished/hauled away. The utilities have been located and marked, and the lot has been graded. It is possible for a buyer to purchase consecutive lots as several have been for sale in the past.
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:
$3,199,000
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 | $2,559,200 | $2,559,200 | $2,559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,026 | $16,599 | $22,647 |
Total Monthly Payment | $17,151 | $16,724 | $22,772 |
* 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.