Is it time to Tiki? Are you ready??
Ideally located in a small waterfront community off the historic McGregor Blvd. corridor, this home offers privacy and convenience for future owners. A short, 5-minute boat ride home from the Caloosahatchee and you're raising your boat up under the canopy on the 7, 500 lb lift and dock that was installed in 2016. Enjoy a swim in your salt water pool all year around with the high performance pool heater that was added in 2023. When your ready to enjoy some shade; relax and listen to the palm trees blowing in the wind under your oversized authentic Tiki hut that was carefully crafted in the Fall of 2021.
When it's time to head inside, step in under the standing-seam metal roof that was installed in the Winter of 2021 and enjoy the comfort of the 4-ton Rheem AC system that was installed in the Spring of 2022 followed by the R-38 insulation that was added in early 2024 to further improve efficiency. Completing the list of big-ticket improvements on this property was the addition of all impact doors and windows in May of 2024 to provide peace of mind and ease of ownership. If one more dip in the pool is desired at night, do so while enjoying the multi-color pool light that was replaced when the pool was resurfaced in 2021, all the while enjoying the privacy afforded by extensive mature landscaping helping to create the "island-like vibe" while entertaining friends and family under the tiki.
When it's time to escape the heat, take advantage of the extra parking on the side of the home to store your large motorhome, toys or trailers for all your hobbies and fun. As you pull away, remember this home did not flood during hurricane Ian! If your ready to Tiki, come take a look! Make sure to ask about the Seller's grandfathered flood policy.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.246% | 6.201% |
Monthly Tax Payment | $308 | $308 | $308 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,370 | $6,069 |
Total Monthly Payment | $4,770 | $4,770 | $6,469 |
* 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.