5600 Bonita Beach RD SW, Bonita Springs, FL, 34134 | $395,000

Enjoy stunning daily sunset gulf views from the new screened-in lanai of this 6th floor condo at Bonita Springs’ Beach and Tennis Club, ideally located directly across the street from Bonita Beach. This charming unit is on the southwest corner of building 4 offering impressive southern exposure sunlight and western sunset views all year. The condo is offered turnkey furnished and ready for you to enjoy including impact windows and sliding door, a brand-new water heater, 2 new ceiling fans, LED lights and unit was just freshly painted. The Beach and Tennis Club offers an excellent income opportunity allowing 3-day rentals, please inquire for rental history. This distinctive complex of five 10-story buildings sits on an expansive 15-acre site that offers plenty of space for amenities and backs up to the bay for kayak, paddleboard and boat access to the Gulf of Mexico (docks not currently in place). Two iconic dining options adjacent to the property and within easy walking distance; Doc’s Beach House and Coconut Jack’s Waterfront Grill. Complex is currently being restored and will be like new when complete. Repair of the concrete balconies in building 4 is underway and will be complete later this year. Complex is currently exploring multiple options for rebuilding the amenities including options with pickleball, tennis, bocce, a BBQ area and a resort style pool, please inquire for more information.

Features

  • Building Design: High Rise (8+)
  • Parking: Common
  • Heating: Wall Unit
  • Cooling: Wall Unit
  • Levels: 10
  • Amenities: Beach Access,See Remarks
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: BEACH AND TENNIS CLUB
  • Development: BEACH AND TENNIS CLUB
  • Year Built: 1979
  • Approx Sq. Feet: 508
  • Est. Taxes: $410
  • Condo Fee: $1,919 Quarterly
  • Lot Desc: Across From Beach Access,Across From Waterfront,Oversize
  • View: Gulf
  • Community Type: Tennis
  • Water Front: Yes
  • Pet Policy: Not Allowed
  • MLS#: 224038112
  • Buyer Broker Compensation: 2.50%
  • Website: https://www.raveis.com
    /raveis/224038112/5600bonitabeachrdsw_bonitasprings_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5600 Bonita Beach RD SW, Bonita Springs, FL, 34134

$395,000

Matt Brown

Broker Associate

William Raveis Real Estate

Phone: 239.580.8864

Matt.Brown@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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $316,000 $316,000 $316,000
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 7.477% 7.159% 6.498%
Monthly Tax Payment $34 $34 $34
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,102 $2,100 $2,709
Total Monthly Payment $2,211 $2,209 $2,818

* 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.