LOCATION, LOCATION, LOCATION! THE 4TH Floor Views can't be beat! See the Gulf and the bay from this condo. Boat Dock included! A great time to buy in to Ft Myers Beach area - this is a great shell to renovate and make your own! Corner End Units and Boat Slips are rarely available! Boat Slip + Lift (#41) sold in conjunction with condo. Boat slip is able to be sold independently of condo after closing if buyer so desires to another resident of Royal Pelican. Direct Gulf access. This property has it all! Sunbathe at either one of two community pools, walk or ride to the beach, or relax on one of your two private lanais and watch the boats, dolphins, manatees & soak up the beauty of SW Florida's coastal living. AC replaced in 2018, impact windows (lanais which have electric shutters), extra storage and more. Professionally managed with on-site office hours. Amenities include clubhouse, private beach access, 2 pools, shuffleboard, & a fishing pier. Extra EBIA amenities including pickleball, tennis, bocce, and walking path. Boat ownership is part of a Cooperative - 2024 fee is $500/yr. Once in a lifetime opportunity! Don't settle for someone else's renovation - here you create your dream!
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:
$569,000
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 | $455,200 | $455,200 | $455,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $376 | $376 | $376 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,952 | $2,990 | $3,811 |
Total Monthly Payment | $3,420 | $3,458 | $4,279 |
* 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.