Enjoy gorgeous bay views from from both floors of this bay front duplex, on the beautiful Isles of Capri. This grandfathered-in duplex has concrete block construction with two bedrooms and one bathroom on each floor. Recent updates include a new roof, kitchens, bathrooms, flooring and appliances. Located on Pompano bay with great fishing off the dock during the day and night. The boat dock has a big boat house and a 10k lift to store your boat or jet skis. You can take advantage of the super quick, direct access to the gulf and hop on the boat to catch sunset, even if you only have 5 minutes to get there. The upstairs unit is rented out annually for $3, 500 month and the down stairs is currently being used by the owner for overflow guests. You can live the island lifestyle you've always dreamed of in one level and collect money every month from the other, or rent out both units. Here you get the best of both worlds, Island Life and a great investment that produces income every month. Every day you will enjoy gorgeous views of the bay while you watch the dolphins, manatees and birds, play behind the house. Isles of Capri is a sub-tropical island that boasts and abundance of wildlife, four great restaurants and three marinas. Located one mile from Marco Island & only 20 minutes away from Downtown Naples with its sophisticated shopping & five star dining. Our area is famous for its white sand beaches, world class fishing & boating and fantastic golfing. Capri is the perfect place to sit back, relax, unwind and let the sights, sounds and smells sooth your mind, body and soul.
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$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
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 | $867 | $867 | $867 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,058 | $7,757 | $10,667 |
Total Monthly Payment | $9,050 | $8,749 | $11,659 |
* 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.