Location, Location. Private SE facing, mangrove view on a clean 90' wide, deep-water dredged mid-block canal. Possible zoning options include stilt build or Modular style home, as pictured shown in rendering. Lot will provide a 2 bed/2 bath residence. This secluded location includes: composite boat doc & boat lift that accommodates a 27' boat aside your paver patio. Jump on your boat and in 2 minutes expore the back waters of the Pristine ESTERO BAY, PLUS DIRECT GULF ACCESS WITH NO BRIDGES! Lee county jurisdiction, not Ft. Myers beach restrictions! Home to be elevated will grant dramatic views over the mangroves. This lot INCLUDES a large additional protected area for parking and storage+ on this 16-acre site assigned to each resident for your trailer/camper (INCLUDED). . Port Carlos Cove is a 55+, co-op community with limited rentals (30 days-6x per year). Amenities: New Community Pool & newly renovated clubhouse, Pickle Ball, shuffleboard, social club. LOW HOA FEES- $200 PER MONTH include: Water, sewer, irrigation, seawall, landscape, pool maintenance. INCREDIBLE- WALK to Ft. Myers Beach & Margaritaville, Key West Express terminal, & 2 Caribbean feel restaurants; plus a pirate ship! CALL FOR INFORMATION to find out more about BUILDING YOUR DREAM HOME! LIVE THE SALT LIFE!
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Our Executive Mortgage Banker:
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$225,000
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 | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,198 | $1,182 | $1,518 |
Total Monthly Payment | $1,273 | $1,257 | $1,593 |
* 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.