Upon entering the Pelican Watch Condo, you will be met by a view of the picturesque white sugar sand beach on the Gulf Mexico. imagine enjoying your morning cup of coffee on the spacious west facing lanai. Based on direction of your lanai, you can enjoy a glass of your favorite wine and enjoy the incredible sunsets every evening. A new electric storm shutter was just installed for your peace of mind. This unit has a wonderful floor plan with the primary bedroom featuring new carpet and a large walk-in closet and private bath. The second bedroom has a connecting bath allowing for your guest great privacy. The great room is perfect for entertaining and enjoying the perfect water views with your guests from almost every room. You will enjoy the wonderful large pool and spa just steps away that is in the process of being repaired and rebuilt.
Location, location, location! Pelican Watch is perfect to take a short walk on the beach to great shops, restaurants, including but not limited to the new Margaritaville Resort, Diamond head Resort and the Lanai Kai, Times Square. Come explore the "island life" on Fort Myers Beach!
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:
$950,000
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 | $760,000 | $760,000 | $760,000 |
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 | $135 | $135 | $135 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,866 | $4,866 | $6,673 |
Total Monthly Payment | $5,093 | $5,093 | $6,900 |
* 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.