Experience a relaxed luxury living style with a lot of privacy and peacefulness in this highly sought-after, turn-key furnished 3-bedroom, 2. 5-bathroom condo located in the exclusive Water's Edge Riverfront Marina area, a hidden gem off Iona near McGregor Blvd, close to everything but far enough away so there is no traffic noise. This residence boasts direct GULF ACCESS - great for boating enthusiasts and those that love an active community. Step inside to discover an immaculate property with high-end furnishings. The condo is professionally decorated in a Tommy Bahama style and is meticulously maintained, ensuring a pleasurable living experience.
Indulge in the expansive master bathroom, featuring dual vanities, a separate soaking tub, and a shower—providing a tranquil retreat after a beautiful day in paradise. Equipped with all appliances, including a washer and dryer, the property is further enhanced by two sets of sliders leading to an oversized lanai with mesmerizing views - and even a water view from the side.
Wake up to breathtaking sunrises over mangroves and the river from the expansive lanai, where serenity and natural beauty converge. Every day feels like a vacation! While there is no assigned parking spot under the building, ample parking is available around the premises. The community offers direct gulf access, a marina, fishing pier, and a private beach. The amenities are exceptional, featuring not just one, but three swimming pools, a charming butterfly garden, tennis and pickleball courts, and a 600-foot pier which is in the final stage to be reconstructed - offering romantic river views and occasional glimpses of manatees and dolphins at play.
Located mere minutes from Fort Myers Beach and offering easy access to Sanibel and Captiva Islands, this property stands out as an exceptional investment opportunity. FOR INVESTORS: The HOA permits up to six leases per year, significantly more than the usual two or three. Proximity to shopping, restaurants, and entertainment ensures life at this residence is nothing short of perfect! This is as close to Paradise as it gets!
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.984% | 7.146% | 6.256% |
Monthly Tax Payment | $396 | $396 | $396 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,060 | $3,057 | $3,879 |
Total Monthly Payment | $3,548 | $3,545 | $4,367 |
* 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.