Discover a peaceful retreat in this beautifully updated 2BR, 2BA condo located in the highly sought-after Island Reef Club on the stunning Gulf front of Fort Myers Beach. Situated on the 4th floor, this fully occupied haven offers breathtaking views, brand-new furnishings, and luxury vinyl flooring that enhances the stylish, low-maintenance living space.
The bedrooms were recently upgraded with new carpets in July, adding a touch of comfort and warmth to your private spaces. This unit also comes with the rare luxury of a privately deeded GARAGE, a true gem in beachfront living. The condo is equipped with hurricane-rated windows and sliders, complemented by electric shutters on the lanai for added peace of mind. The lanai, accessible from all rooms, provides a tranquil setting to unwind, accompanied by the soothing Gulf breezes.
Recent updates include a newly completed and fully functioning elevator, ensuring easy access. The building is also finalizing the completion of the pool, pool landscaping, and common areas, promising an enhanced lifestyle experience.
Just a short stroll away, Santini Marina Plaza offers vibrant dining, nightlife, boutique shopping, and a farmers' market, with the convenience of a nearby CVS. This splendid, turnkey furnished unit is not only a sound investment but also your gateway to the rejuvenating energy of Fort Myers Beach. Don't miss the opportunity to make this coastal paradise your own!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$600,000
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 | $480,000 | $480,000 | $480,000 |
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 | $442 | $442 | $442 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,116 |
Total Monthly Payment | $3,727 | $3,724 | $4,650 |
* 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.