One or more photo(s) has been virtually staged. Under Construction. Weathered the Storms: Your Investment in High and Dry Living!
PROFITABLE INVESTMENT OPPORTUNITY!
Currently under construction, this resilient WATERFRONT TRIPLEX in Rotonda West, FL, has been built to new construction codes, ensuring safety and durability. Featuring three units—two with 3 bedrooms, 2 baths, and a 1-car garage, each offering 1, 351 sq ft of living space. The third unit has a spacious 1, 794 sq ft layout, 3 bedroom, 2 bath with an additional office/flex space complete with a 2-car garage and breathtaking water views from the rear porch. All have walk in primary closets and ensuite primary bathrooms and inside laundry rooms. They also have split floor plans with outdoor space, breakfast bars and open main floorplan to enjoy entertaining. Floorplans are available to view!
Each unit showcases PREMIUM AMENITIES including:
• Impact windows for added security and energy efficiency
• Home Sprinkler Systems
• Spray foam for added energy efficiency
• Composite Roofing with limited lifetime warranty
• Slab quartz kitchen and bath countertops
• Recessed LED lighting and ceiling fans for comfort and efficiency
• LVT plank flooring through the home with ceramic tiles in shower
• Stainless steel appliances, shaker ivory cabinets with soft-close drawers
• Full-height kitchen tile backsplash and energy-efficient LED lighting
• Brushed nickel fixtures and epoxy garage flooring
• AND MORE! ASK FOR A FEATURES LIST!
Smart Floorplans feature split bedrooms, a great room/dining combo, foyer, inside laundry, and walk-in closets in the primary bedrooms. Updated exterior photos are available!
Nestled on the Rotonda River freshwater canal, residents can enjoy fishing or exploring the 23 miles of scenic canals by kayak or small boat. The community offers affordable golf at FIVE GOLF COURSES with 99 holes, picturesque walking and biking trails, a stunning park, playgrounds, nearby pickleball courts, tranquil lakes, and lush gardens. Rotonda has an active social calendar with events and clubs galore! Nearby pristine Gulf beaches like Englewood and Boca Grande are just a short drive away. This area is renowned for top-notch fishing, with numerous marinas and fishing piers nearby. For leisure, explore the charming shops, farmers markets and eateries in historic downtown Boca Grande, Punta Gorda or Dearborn Street in Englewood, plus enjoy the newly opened Sunseeker Resort for live entertainment and dining options!
Construction is expected to be completed by late 2024/early 2025, subject to permitting and material availability. Progress photos will be shared on a regular basis. In addition to this triplex, two adjacent triplexes on the same waterfront will be ready soon. Some details such as paint colors, appliances, styles could be subject to change or to new owners' preference depending on time of offer.
Don’t miss this incredible opportunity for income-producing potential! Note: Please schedule an appointment with your Realtor® before visiting the property. New photos will be added as the units progress. Virtual staging and rendering in some photos.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
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 | $956,000 | $956,000 | $956,000 |
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 | $124 | $124 | $124 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,121 | $6,201 | $8,394 |
Total Monthly Payment | $6,370 | $6,450 | $8,643 |
* 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.