The Premiere of The North Tower. Nestled along the serene shores of Estero Bay in Southwest Florida, situated within 500 acres of lush lands and unobstructed views of Estero Bay and the Gulf of Mexico. The Ritz-Carlton Residences, Estero Bay stands as a testament to luxury living at its finest. Stretching majestically across the waterfront, this unparalleled development will consist of two 22-story striking towers developed by London Bay Development Group and slated for occupancy in 2027. With a total of 224 residences, every detail has been meticulously crafted to provide the epitome of comfort and elegance. Residences range from 2, 628 to 3, 885 square feet, including two-, three- and four-bedrooms plus a den. As you step into this exclusive enclave, you are greeted by a sense of tranquility and sophistication. Residents are treated to a myriad of amenities, including a sports simulator room, theater, teen and kids club, a luxurious beauty salon and spa, 24-hour concierge, bellman, and valet services. A wellness center with state-of-the-art fitness equipment, a yoga and Pilates studio, a private training section, and locker rooms with steam and sauna. Where indulgence and relaxation converge seamlessly. Enjoy direct access to Saltleaf featuring a 72-boat slip marina, a new 18-hole championship golf course, a 9-hole short course, tennis, pickleball, and a 5-star restaurant. Enjoy the Sunset Lounge, private dining room, and daily continental breakfast at the Sports and News Cafe. Experience waterfront living at its finest, where every sunset marks the beginning of another unforgettable day in paradise where luxury meets coastal splendor.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,580,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,264,000 | $5,264,000 | $5,264,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $6,813 | $6,813 | $6,813 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,706 | $33,706 | $46,218 |
Total Monthly Payment | $40,643 | $40,643 | $53,155 |
* 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.