NO FLOODING from Hurricane! Fabulous executive home in the much sought after Gumbo Limbo subdivision in the heart of Sanibel Island! A sprawling home and premium lot that has been fully renovated with high end luxury finishes - nothing cookie cutter here! Three spacious bedrooms with a split master bedroom retreat and a spa like master bath. A gourmet chef's kitchen is the heart of the home and features an extra large kitchen island - perfect for social gatherings! The floor plan is very fun and flexible - a large living room, dining area and tv room and a 21 x 21 recreation room with fireplace is perfect for a movie theater or game room. Custom cabinetry, ceramic tile flooring, recessed lighting - everything has been upgraded with only the best finishes! Guest bedrooms are spacious and located in their own wing. The outdoor area is a true oasis - disappearing slider doors blend the interior and exterior for an even larger living space. Pass thru kitchen window to an outdoor wet bar is another thoughtful feature. Pool Lanai has access to bathroom and there is a very large covered patio with Kevlar hurricane shutters for additional privacy and protection and a large sunning area. Sparkling pool for added enjoyment throughout the year and a large side yard with plenty of space to add an additional outdoor living space or small sports court. The property is fully irrigated and the gardens are simply beautiful - a front courtyard patio , a paved circular drive and lush landscape are in the front of the home while the backyard is private but also offers beautiful views and sunsets from the lake - this is paradise at its best! Sanibel Island is world famous for miles of beautiful white sandy beaches, some of the best shelling in the country and incredible offshore fishing! Enjoy easy access to Sanibel's bike path, shopping and restaurants - also easy access to Fort Myers! Live your best life on the island!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
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 | $441 | $441 | $441 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,891 | $5,967 | $8,014 |
Total Monthly Payment | $6,457 | $6,533 | $8,580 |
* 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.