7148 Estero BLVD, #PH 922, Fort Myers Beach, FL, 33931 | $725,000

Wow. . . we are getting closer and CLOSER to the building being occupied. According to the last board meeting, they are hoping sometime in September. This is a highly sought-after Creciente Penthouse located in the Gulf Front condo complexes East building. In the east building, there are only four units per floor. This unit comes with one of the best garage parking spots in the complex, conveniently close to the elevator. The condo has been recently updated and is in immaculate condition. The master bath and closet were reconfigured during the remodel for more functionality. From the living room and primary suite, you'll enjoy unobstructed views from the top floor. Depending on which way you look, you can see both the Bay and the Gulf of Mexico. This unit features wrap-around screened lanais with glass sliders that go from the guest bedroom all the way around to the primary suite. It also has impact glass sliders at the screen and accordion shutters at the condo entrance from the lanai which prevented any damage from Hurricane Ian. This is a must-see! Don't miss out - call today to schedule your private showing before it's gone. There is also a one-year home warranty in place that covers the major mechanical components and starts the day of closing. The cement restoration is tentatively scheduled to start in March on this building. As per the restoration agreement, all outside sliders will be removed (outside wall of the lanai, not between the lanai and the condo). Any tile on lanais will be removed. The doors will be saved in each unit and can be reinstalled at the owner's expense after the concrete restoration is complete. The floors will be repaired, cleaned, and painted. Flooring will not be reinstalled as part of this project, but limited flooring options can be reinstalled at the owner's expense at a later date after the work is done.

Features

  • Heating: Central Electric
  • Cooling: Ceiling Fan(s), Central Electric
  • Amenities: BBQ - Picnic, Beach Access, Bike And Jog Path, Bike Storage, Business Center, Pool, Community Room, Library, Pickleball, Sauna, Shuffleboard, Tennis Court(s), Trash Chute, Vehicle Wash Area, Non-Gated
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: CRECIENTE CONDO EAST
  • Year Built: 1977
  • Approx Sq. Feet: 1,318
  • Est. Taxes: $174
  • View: Gulf and Bay
  • Water Front: Yes
  • Pet Policy: Number Limit
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: 224044822
  • Days on Market: 127 days
  • Website: https://www.raveis.com
    /prop/224044822/7148esteroblvd_fortmyersbeach_fl?source=qrflyer
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Listing courtesy of Coldwell Banker Realty   Phone: 239-275-5500

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NMLS Mortgage Loan Originator ID 16953

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7148 Estero BLVD, #PH 922, Fort Myers Beach, FL, 33931

$725,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $580,000 $580,000 $580,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.398% 6.273% 5.248%
Monthly Tax Payment $15 $15 $15
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,524 $3,524 $4,584
Total Monthly Payment $3,630 $3,630 $4,690

* 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.