Experience the epitome of beachfront living at Gulf Cove! Just steps away from the sandy shores of Ft. Myers Beach, this co-op property offers unparalleled proximity to the ocean. Margaritaville and an array of entertainment options await right around the corner, ensuring endless enjoyment right at your doorstep.
As a Gulf Cove resident, you'll own a fraction of this waterfront community, with plans underway for shared docks, offering convenient access for boating enthusiasts. With low quarterly HOA fees of only $375, this 55+ park provides a hassle-free coastal lifestyle.
Pets are welcome with proper documentation, including emotional support or service animals. The community boasts essential amenities such as sewer, water, and electricity, with RVs permitted as long as they're kept roadworthy. New construction adheres to FEMA height standards, ensuring safety and resilience against coastal elements.
Discover the perfect spot for your new home and seize this opportunity to embrace coastal living at Gulf Cove!
Love this space but need a 5th wheel?! You are in luck! Also available for an additional 40K making the total package $160, 000, is a 38' Heartland Landmark Augusta. This 5th wheel is a 2011 and on its 2nd owner whom purchased in 2016. Very, Very well maintained and ready to go!
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Our Executive Mortgage Banker:
Our Insurance Division:
$120,000
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 | $96,000 | $96,000 | $96,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $639 | $638 | $810 |
Total Monthly Payment | $714 | $713 | $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.