Welcome to an exceptional investment opportunity: a luxurious income-producing property with Gulf access, located just 2 miles from the pristine sands of Bonita Beach. This meticulously maintained property is perfect for investors seeking steady rental income or homeowners looking for versatile living arrangements.
Each unit features 2 spacious bedrooms and 2 updated bathrooms, offering ample space and privacy. The kitchens are a chef's dream, equipped with beautiful granite countertops, travertine backsplash, and high-end stainless steel appliances, combining modern aesthetics with practical functionality. The bathrooms have been tastefully updated with contemporary fixtures and finishes, adding a touch of elegance and comfort. The upstairs units also boast private screened balconies, ideal for enjoying the pleasant Florida weather.
The property includes full kitchens and laundry rooms in all units, enhancing convenience and self-sufficiency, which is highly appealing to potential renters. The outdoor amenities cater to a luxurious Florida lifestyle, featuring a sparkling pool perfect for relaxation and entertainment. For boating enthusiasts, the private dock includes three boat lifts, the newest installed in 2019, with one featuring a removable boatlift canopy added in November 2020 for added protection.
With two separate garage spaces, units and garages can be accessed independently, providing convenience and privacy for occupants.
Located just a short drive from Bonita Beach, this property offers easy access to beautiful beaches, vibrant local amenities, shopping, dining, and entertainment. It is versatile in its rental potential, suitable for both short-term vacation rentals and long-term leases, maximizing your income possibilities. Whether you’re an investor looking to expand your portfolio or seeking a property that offers both residence and rental income, this property is an ideal choice with no rental restrictions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,449,999
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 | $1,159,999 | $1,159,999 | $1,159,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $1,006 | $1,006 | $1,006 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,524 | $7,142 | $10,265 |
Total Monthly Payment | $8,655 | $8,273 | $11,396 |
* 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.