MUST-SEE PRICE DROP! - PRICED TO SELL! Welcome to your BOATER'S PARADISE! This exceptional property boasts . 65 ACRES OF GULF ACCESS with 160 FEET OF WATERFRONTAGE along the scenic Tenmile Canal, ideal for boating enthusiasts. Enjoy a SHORT 15-MINUTE BOAT RIDE TO THE GULF OF MEXICO, offering the ultimate coastal lifestyle. Featuring a PRIVATE BOAT RAMP, a NEW 2020 SEAWALL, and a 62-FOOT FRIENDLY APPROACH DOCK WITH A PIER and 10, 000 LB SMART BOAT LIFT, this is a rare find for anyone seeking the best in waterfront living. The county has limited shoreline structures along Tenmile Canal, making this convenience a rarity. Unwind in your own PRIVATE OASIS poolside or take in the BREATHTAKING SUNRISE from the spacious sunroom. The POOL is equipped with a built-in pool cover and a FENCED-IN BACKYARD for added privacy. Located just 15 minutes from the Gulf of Mexico via Mullock Creek and Estero Bay, this home offers EASY WATER ACCESS and is conveniently close to shopping, entertainment, pristine beaches, and the airport. With NO HOA RESTRICTIONS, seize the opportunity to own a piece of paradise in one of Southwest Florida's most DESIRABLE BOATING COMMUNITIES! As you enter this beautifully updated home, you'll be greeted by a MODERN, OPEN FLOOR PLAN that showcases STUNNING WATER VIEWS from nearly every room. The kitchen is a showstopper, featuring ELEGANT QUARTZ COUNTERS AND BACKSPLASH. The bathrooms have been tastefully renovated with light, airy cabinetry and countertops, adding a touch of luxury to your everyday living. ****Please note that this property recently experienced water intrusion . Photos were taken before the damage occurred; since then 2 feet of drywall has been removed and a brand-new AC unit installed. It is being sold as-is, offering a fantastic opportunity for customization or to create your dream waterfront estate. Aggressively priced to sell, the property reflects the value of the land and waterfront improvements, making this an excellent investment in a prime location or a unique opportunity to build your waterfront estate on 160 FEET OF WATERFRONTAGE. Additional upgrades include a NEW ROOF, HURRICANE IMPACT WINDOWS, SEE-THROUGH HURRICANE SCREENS for the sliders, and an EPOXY-COATED GARAGE AND LAUNDRY ROOM. Recent updates also include NEW AC UNIT (2024), HOT WATER TANK (2023), and REPIPE (2021). ****Listing is for both 6131 and 6123 Island Park Ct - The Seller is open to separating for the right offer.
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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 | $816,000 | $816,000 | $816,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $223 | $223 | $223 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,293 | $5,225 | $7,221 |
Total Monthly Payment | $5,641 | $5,573 | $7,569 |
* 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.