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Presented by![]() Kim Knox |
This cherished family-owned property, held since 1971, offers 4. 7 acres of prime land with convenient ingress and egress from both Tower Rd. and Bonita Grande Rd. Originally 5 acres, a portion was dedicated to accommodate the area’s growth and road expansion. Bonita Grande entrance will soon be paved and sidewalk added. 17 minute drive to the Gulf. The property features a spring-fed pond, deep well, and electric service, along with a two-bedroom, one-and-a-half-bath mobile home. Beautiful fruit trees, including fig, mango, and plum to just a name a few, this highly sought-after property presents a rare opportunity in a rapidly developing area. Midtown Bonita Springs, located at the corner of Bonita Beach Road and Bonita Grande Drive is set to open in 2026. This vibrant community will feature 400 residential units, a 165-room boutique hotel, and over 315, 000 square feet of retail and restaurant space. Businesses confirmed so far include Chipotle Mexican Grill, Panera Bread, The Hangry Bison, Jeff’s Bagel Run, Bonita Beach Wine & Spirits, Club Pilates, Good Vets, and Noire The Nail Bar.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 978.771.4579
Kim.Knox@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | $455 | $455 | $455 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,291 | $7,585 | $10,371 |
Total Monthly Payment | $7,871 | $8,165 | $10,951 |
* 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.