Welcome Home to one of North Fort Myers Greatest Kept Secrets, SCHOONER BAY! With the $1, 000, 000 penthouses going up soon, this is your opportunity to buy in while numbers are still favorable. Guaranteed Return on Investment. Schooner Bay is located directly on the Caloosahatchee River. This Rarely Available End-Unit, 5th floor, Renovated Penthouse Condo offers gorgeous $1, 000, 000 Waterfront views, over 1400 square feet, 2-Bedrooms, 2-Bathrooms & a Covered Carport + 5x10’ Storage Unit that is deeded separately and can be sold/swapped ($20, 000 Value: not every unit has one). The kitchen features Granite Countertops, Newer Appliances & a Breakfast Nook overlooking the Generous Sized L-Shaped Lanai w/ Mini Fridge & Full Tool Set in Attached Storage Closet. If the breakfast nook is not enough there is also a Dining Area with built in shelving & cabinets. The living room could be split and converted to a 3rd bedroom with already existing closet and window. It also homes a 65” LG TV $3, 500 Value! This unit is being offered TURNKEY w/ a New 2019 Water Heater, Newer Air Conditioning with UV Electronic Filtration for “Dust-Free-Living”, Tilt-out Impact Windows & Doors for Total Storm Protection. Both bathrooms were recently renovated featuring new glass doors and tiling in both. Guest Bedroom has separate entrance to lanai, built-in “work station” in the second closet & bolted in Safe. The Master Bedroom offers a king size moveable (both sides) Stearns + Foster Mattress and Bed.
Schooner Bays Ammenities Include: Sauna, Fitness Room, Pool + Spa, BBQ Patio, Kitchen Area, Recreational Room/Party Area, Calendar full of Events, Fishing Pier (under renovation).
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Our Executive Mortgage Banker:
Our Insurance Division:
$300,000
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 | $240,000 | $240,000 | $240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $13 | $13 | $13 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,517 | $1,515 | $1,960 |
Total Monthly Payment | $1,605 | $1,603 | $2,048 |
* 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.