CAPTIVA & SOUTH SEAS PLANTATION BEACHFRONT VILLA! SOUTH SEAS, IS THE MOST WELL KNOWN LUXURY GEM ON THE ISLANDS! 2125 Beach Villas is a direct gulf front, 3 BEDROOM, 2 BATH TWO LEVEL VILLA with gorgeous beach views. The interior HAS BEEN REMEDIATED AND IS READY FOR YOUR PERSONAL FINISHING TOUCHES. BEACH VILLAS IS A HUGH INCOME GENERATING MACHINE, THE DEMAND FOR SOUTH SEAS AND BEACHFRONT ACCOMMODATIONS IS OFF THE CHART AND BEACH VILLAS ALLOWS DAILY-WEEKLY & MONTHLY RENTALS. Additional features include impact glass & SLIDERS WITH GORGEOUS DIRECT BEACH VIEWS, a soaring ceiling, loft as a third bedroom. BEACH VILLAS has a low density location and screened lanai. THE ASSOCIATION AS AND IS COMPLETING A MAJOR REMODEL AND RENOVATION OF THE ENTIRE COMPLEX, it's a project, currently they have installed metal roofs, painted the exterior of the buildings and will be implementing the new landscape plan. BEACH VILLAS are a short walk to the CAPTIVA VILLAGE with LOTS of Coastal themed shops and SOME OF CAPTIVA'S BEST BEACH RESTAURANTS. Best of all, the beach is your backyard! SELLER IS MOTIVATED HE HAS NOW REACHED A POINT IN LIFE TO SLOW DOWN, SO LET'S MAKE A DEAL!
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Our Executive Mortgage Banker:
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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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $332 | $332 | $332 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,891 | $5,891 | $8,078 |
Total Monthly Payment | $6,348 | $6,348 | $8,535 |
* 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.