Bring your toothbrush, swimwear, and a smile—well, maybe also a T-shirt, sandals, and a pair of shorts if you plan to go out! 4 bed + Den / 3 full bath TURNKEY PROPERTY for sale! 700 feet from the beach! Only 700 FEET from the beach for that contemplative morning walk, play in the surf, soak up some sun, and end the day with another fantastic FMB sunset experience. They must’ve had this place in mind when “OPEN CONCEPT” was invented: The two upstairs bedrooms are split – one on each end of the home, with a vast open family, dining, and kitchen area in between! With tongue-and-groove woodwork throughout the upstairs living spaces finished in perfect beach colors, this home seamlessly blends updated building materials and technology with Oldé Florida Beach Cottage charm! Downstairs, you’ll find another bedroom and bath, plus an enormous flex space that can be your game room, media den, workout studio, yoga sanctuary, office—or all of the above! Step outside for poolside relaxation or rally the whole crew for a spirited game of water volleyball! Priced to sell and located in the WEEKLY VACATION RENTAL ZONE, this property is a dream for both investors and beach lovers who want their home to pay for itself. If you love the idea of kicking back on Ft. Myers Beach whenever you want—and earning rental income when you’re not here—this Ft. Myers Beach House is guaranteed to keep you smiling all year long!
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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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | $378 | $378 | $378 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,001 | $6,740 | $9,268 |
Total Monthly Payment | $7,504 | $7,243 | $9,771 |
* 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.