Welcome to Palm Vista: A riverfront, old-Florida estate nestled privately in the middle of the most charming and up-and-coming downtown.
Step inside this perfectly preserved piece of history and feel like you have stepped back in time. This wood-framed style home was built in 1944 using rock-solid old Florida Pine, a species of pine that is so dense that it could be mistaken for concrete when trying to drive a nail into it. Its dense nature makes it incredibly strong and resistant to both insect damage and decay.
Enter in through the air-conditioned Florida room. Original windows with wooden, scalloped valences let light pour in and frame the lush landscaping around the property. Follow the Golden Oak floors to a beautiful brick fireplace with original wrought iron vents and beautiful pine mantel. Take a peek into the renovated kitchen that has preserved its historic charm while adding modern appliances and more storage.
Climb the pine-accented steps to explore each level of this stunning, five-story home. The first level features a beautiful landing with built-in bookshelf, two sunlit bedrooms with cedar closets, and an updated full bathroom. A skylight provides natural light throughout the day and an original, working light fixture provides ambient lighting in the evenings. Another flight of stairs leads to the owner’s level, boasting a large bedroom, a full bathroom, and another landing. The second landing’s built-in bookshelf and large window creates the perfect setting for a cozy reading nook or intimate sitting area. One final ascent leads you to a spacious, cedar attic bedroom with ample storage.
Step outside and continue to explore a property as impressive as the home that sits on in. This 1. 07-acre lot is surrounded by 179 ft of Imperial River frontage and 287 ft of Leitner Creek frontage, creating a private peninsula with 180° of water views. Mature Oak, Mango, & Starfruit & Traveler Palm trees enhance privacy and the tropical, old-Florida feel. This private oasis is complete with an oversized swimming pool and lanai, boat launch, riverfront fire pit, and plenty of room to roam. A 532 ft. , permitted additional dwelling unit creates a comfortable stay for guests, an opportunity for rental income, a tranquil place for a private home office or an inspiring studio.
The title absctract of this property outlines a long history of savvy real estate investors. As new attractions began to pop-up in the 1900s, tourism increased and Bonita Springs experienced a major boom. Now, amidst Bonita’s second Renaissance, comes a once-in-a-lifetime opportunity to reap the benefits of an up-and-coming downtown, while preserving a rare, rich and beautiful slice of history.
Do not look back one day on what could have been.
For more information, see the attached supplements and virtual tour links.
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Our Executive Mortgage Banker:
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$1,275,000
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 | $1,020,000 | $1,020,000 | $1,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $280 | $280 | $280 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,531 | $6,616 | $8,885 |
Total Monthly Payment | $6,936 | $7,021 | $9,290 |
* 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.