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Just a few miles from the stunning Gulf of Mexico, this fabulous 1. 34 acre property in the highly desirable Heritage Farms subdivision offers the perfect opportunity for any investor. The 4 Bedroom, 3 Bathroom House is very well situated on the property to create both a relaxing Tropical Backyard setting as well as a very large Pine Forest side yard. The substantial acreage gives you plenty of room for additional structures, outdoor living, or creative landscaping, with endless possibilities to maximize the property’s potential. The house features an Open Floor Plan with a Spacious Living Room, Dining Room, Kitchen area, and Large telescoping sliding doors which lead out to the screen enclosed Pool Deck. The Long Curved Driveway connects back to the road to allow 2 points of entry and can accommodate ample off-street parking - including 3 parking spots located just outside the Large 2-1/2 Car Garage. The interior walls have been stripped down to the studs due to Hurricane Ian storm damage providing an open canvas to design and complete the spaces according to your vision. Seller also has floor plans to create a total of 3 Master Suites with very minimal changes to the existing stud walls. Situated in a fantastic location just minutes from the Gulf of Mexico, you'll enjoy the beauty and tranquility of a peaceful neighborhood, while still being very close to the vibrant lifestyle that Fort Myers has to offer — including beaches, dining, shopping, and more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$439,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $351,200 | $351,200 | $351,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $451 | $451 | $451 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,162 | $2,307 | $2,916 |
Total Monthly Payment | $2,688 | $2,833 | $3,442 |
* 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.