GULF VIEW WITHOUT THE GULF FRONT PRICE TAG!!!Large Lot 2 back from Gulf. Located on Direct Beach Access. High Gross Income potential for Investors or Homebuyers. This amazing DEEP 115ft x 60 ft lot is zoned for either a duplex or a single family home! Yes, you heard me correctly!! Multiple Builder introductions and House renderings available. Survey completed and available. Fantastic opportunity for a terrific income producing property or create your own dream home. Just a few steps to the beautiful sandy white beaches. . . imagine watching the sunrise with your morning cup of coffee and then watch the sunset with a nice glass of wine in the evening, all from the comfort of your own home. Oh, and did I mention, there is already a pool in place. . . so, you have the best of both Worlds. . . Beach and Pool. This jewel is located toward the South end of Fort Myers Beach which is just a short drive to Lover's Key, Bonita Beach and within walking distance to Santini Plaza Marina and a bike ride away from Time's Square, Publix and amazing restaurants and entertainment. Potential to build back TriPlex or Duplex. Life doesn't get any better than this!! SAMPLE NEW CONSTRUCTION HOME RENDERINGS IN PHOTOS ARE NOT INCLUDED IN SALE PRICE OF THE LOT. DIRECT BUILDER INTRODUCTION AVAILABLE.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,654 | $6,740 | $9,124 |
Total Monthly Payment | $6,779 | $6,865 | $9,249 |
* 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.