111 Coconut DR, Fort Myers Beach, FL, 33931 | $999,000

Welcome to your Dream Coastal retreat! This PRIME CORNER GULF VIEW Lot offers the ideal canvas for building your ELEVATED 2 STORY GULF VIEW BEACH HOME. Floor plans of the Home in the Rendering are available for viewing now featuring 3000 ft. ² 4 bedroom, 3 1/2 bath, elevator & pool. INCREDIBLE POTENTIAL $200K-$250K GROSS RENTAL INCOME IN YOUR DREAM HOME FROM THIS PERFECT LOCATION! This Corner lot boasts an enviable location directly across the street from the beach access, providing convenient and immediate enjoyment of the Gulf's pristine sands and sparkling waters. A real BONUS is the Community Boat dock & ramp on Bayside of Coconut dr. ASSEMBLAGE OF 3 ADJACENT LOTS BETWEEN HERCULES AND COCONUT IS AVAILABLE (4 Total). Imagine this Luxury Coastal residence, situated on a vacant corner lot with beach access just steps away, offers an unparalleled blend of comfort, elegance, and breathtaking views. Picture yourself unwinding on your wrap around balcony, savoring panoramic vistas of the Gulf stretching out before you. This expansive outdoor sanctuary serves as the perfect setting for al fresco dining, entertaining guests, or simply basking in the warm glow of the sun as it sets over the horizon. Whether you're seeking a serene escape or an entertainment hub for friends and family, this lot presents endless possibilities. Don't miss the opportunity to make your coastal living dreams a reality. THE HOME IS NOT INCLUDED IN SALE PRICE IN THIS LISTING. BUILDER INTRODUCTION AVAILABLE. Hurry up this location will not last.

Features

  • Amenities: Beach Access, Community Boat Dock, Community Boat Ramp, Community Boat Slip, Boating, Non-Gated
  • Zoning: RS-1
  • Frontage: 50
  • Lot Size: 50 x 50 x 100 x 100
  • Lot Desc: Across From Beach Access, Across From Waterfront, Regular
  • View: Gulf, Partial Gulf, Water
  • MLS#: 224018035
  • Days on Market: 140 days
  • Website: https://www.raveis.com
    /prop/224018035/111coconutdr_fortmyersbeach_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
The data relating to real estate for sale displayed on this Website comes in part from the Multiple Listing Service of the Bonita Springs-Estero Association of REALTORS®, Inc., under License No. BK3330055FL. Properties displayed on this Website include properties listed with brokerage firms other than William Raveis Real Estate. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Bonita Springs-Estero Association of REALTORS® Multiple Listing Service, or contained in the database compilation of the Bonita Springs-Estero Association of REALTORS™ Multiple Listing Service.
Listing courtesy of PREMIERE PLUS REALTY COMPANY   Phone: 239-732-7837

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

111 Coconut DR, Fort Myers Beach, FL, 33931

$999,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $799,200 $799,200 $799,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.014% 6.956%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,384 $5,250 $7,072
Total Monthly Payment $5,476 $5,342 $7,164

* 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.