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Listed $ 27K under appraisal value / seller motivated! Fantastic lakefront investment opportunity with 3 rental units in prime location of Bonita Springs in the Arroyal subdivision (North of Bonita Beach Road and West of Tamiami Trail) just 4 minutes to the beach. The units offer marvelous lake view and access with 2 small docks for launching a canoe, paddleboards or to fish. Complete renovation of the two first floor units incl plumbing and electric has just been completed and both units are rented for $ 1, 495 each unit A is already occupied and unit be is in progress. The 2nd floor unit offers 3 bedrooms and 2 bath with 1, 200 sq-ft living area and huge screened lanai overlooking the lake - currently rented until January 31st 2026 for $ 1, 450 /month - not renovated. Both 1st floor units offer each 1 bedroom and 1 bath. Left unit comes with screened lanai and lake view.
Room for pool. Easy access to US-41, I75, Barefoot Beach & Bonita Beach, Shopping, a Publix supermarket is just around the corner and so are a gym and restaurants. Being sold AS/IS.
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Our Executive Mortgage Banker:
Our Insurance Division:
$628,000
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 | $502,400 | $502,400 | $502,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $570 | $570 | $570 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,176 | $3,300 | $4,206 |
Total Monthly Payment | $3,838 | $3,962 | $4,868 |
* 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.