Amazing opportunity to own a BUILDABLE LOT ON THE SAND on the coveted north end of Fort Myers Beach. Experience the Epitome of coastal living. Huge RENTAL Income potential. Nestled amidst the soft sands and azure waters, this parcel of land presents the ideal canvas for crafting your dream beach cottage. Envision stepping out of your doorstep to the embrace of the warm, sugary sand beneath your toes, while being serenaded by the soothing sounds of the Gulf waves. With every passing day, indulge in the breathtaking spectacle of sultry sunsets painting the horizon in hues of orange, pink, and gold, a mesmerizing display that never fails to captivate. This prime location offers not only the luxury of seclusion but also the convenience of being within walking distance to the vibrant Times Square area. Explore an array of eclectic shops, savor delectable coastal cuisine at local eateries, or immerse yourself in the lively atmosphere of waterfront entertainment—all just a leisurely stroll away from your coastal haven. Build your dream beach cottage here, where every day is a tranquil retreat and every sunset is a masterpiece painted just for you.
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:
$899,000
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 | $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% | 6.258% | 6.201% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,370 | $6,069 |
Total Monthly Payment | $4,462 | $4,462 | $6,161 |
* 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.