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Beautiful, 2nd Floor Coach Home with a great Southeast view of Golf Course and Lake. Spanish Wells has one of the very best locations in Southwest Florida. Just minutes to Barefoot Beach, Ft. Myers Beach, Naples and the Fort Myers International Airport. This 2nd Floor Coach Home has 2, 305 Sq' under air with 3 Bedrooms and a Den/Flex Room.
One of the few 2nd Floor Coach Homes in Spanish Wells with a private elevator, accessible from the 2 Car garage. Nicely Furnished with New carpet in living areas and tile in entry, kitchen and bathrooms. The corner unit offers a great Southeast view of the Golf Course and a long lake view from the large 26' X 8' Lanai. Kitchen is updated with a New Whirlpool refrigerator/icemaker and new GE Microwave and Stove. Large open living area that includes a breakfast nook and formal dining area. All furnishings and wall hangings are included in the listing price with exception of the TV in Master Bedroom, TV in den and TV in guest bedroom. It is very rare to find this much Sq’ in this area near the Beaches and just off Highway 41 under $700, 000. The large master bedroom (13. 6’ X 18. 6’) has new furniture with a large walk-in Closet and owner’s closet. The Master bath has a side by side shower and soaking tub. Just a short walk to your community pool. This is an opportunity to purchase a large Coach home in a prime location as both a vacation home and an income producing property. Spanish Wells offers both an “optional” golf and Social Membership. Membership information to be provided upon request.
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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 | $503,920 | $503,920 | $503,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $472 | $472 | $472 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,353 | $3,349 | $4,321 |
Total Monthly Payment | $3,917 | $3,913 | $4,885 |
* 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.