BUILDING # 4, 6TH FLOOR, AT THE BEACH AND TENNIS CLUB, A 5 BUILDING COMPLEX LOCATED ACROSS FROM BONITA BEACH ON 15 SPACIOUS ACRES. CONCRETE RESTORATION AND HURRICANE IAN REPAIRS ARE BEING DONE WITH COMPLETION ESTIMATED TO BE AT YEARS END.
ONE BEDROOM CONDO FACING SOUTH IS OFFERED TURNKEY AS PRESENTED AND SHOWN.
THIS SUNNY AND CHEERFUL UNIT IS NICELY FURNISHED FOR YOUR CONVENIENCE.
HURRICANE RESISTANT LANAI DOOR AND WINDOWS.
THE BEACH AND TENNIS COMPLEX IS FRONTED BY THE GULF OF MEXICO TO THE WEST AND FISH TRAP BAY TO THE EAST.
A LEISURLY BOAT RIDE TO THE GULF OF MEXICO FROM THE CHANNEL TO THE NORTH OF THE COMPLEX, WITH
SLIPS FOR LEASE ON THE CHANNEL WHEN AVAILABLE.
TRAILER PARKING IN THE LOT NEXT TO THE CHANNEL.
KAYAK RACKS WILL BE LOCATED IN THIS LOT.
AMENITIES ARE NOT LISTED AS THEY ARE NOT YET IN PLACE.
THE CONCRETE RESTORATION OF BUILDING # 4 HAS COMMENCED.
THE POOL AT BUILDING # 4 IS ESTIMATED TO BE COMPLETED BY THE END OF SEPT.
THE COMPLEX HAS NEW UPDATED ELECTRIC METERS IN EVERY BUILDING ON THE GROUND FLOOR, ELECTRIC SERVICE IN EVERY UNIT, BACK TO BEING IN THE OWNERS NAME, WATER SERVICE THROUGH OUT THE COMPLEX, ELEVATOR SERVICE AND XFINITY. THE MAIL ROOM IN BUILDING# 3 IS COMPLETED AND MAIL DELIVERY BEGAN ON JULY 3. LAUNDERMATS ARE OPEN IN BUILDINGS #3 AND #5.
AMENITIES ESTIMATED TO BE COMPLETED BY YEARS END.
THE BEACH AND TENNIS CLUB HAS A 3 DAY MINIMUM RENTAL PERIOD, MAKING FOR A WISE INVESTOR CHOICE.
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Our Executive Mortgage Banker:
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$340,000
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 | $272,000 | $272,000 | $272,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $44 | $44 | $44 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,856 | $1,808 | $2,314 |
Total Monthly Payment | $1,975 | $1,927 | $2,433 |
* 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.