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Discover the ultimate waterfront retreat in this remodeled Gulf-access home, perfectly situated on a prime oversized lot in Island Park with 150 ft of frontage on the canal. Designed for luxurious outdoor living, this gated property boasts lush landscaping with multiple fruit trees and swaying palms, creating a private oasis. Boating enthusiasts will love the brand-new 500 sq. ft. composite dock, complete with water and electricity, plus two 7, 500-lb boat lifts for effortless access to the Gulf. A tropical setting, finished with a fully equipped tiki hut, offers electricity and TV-ready connections—perfect for unwinding by the water and soaking in the serene canal views. The beautifully updated interior is designed for seamless indoor-outdoor living, with the primary suite opening directly to the lanai, where a custom pool and spa await. Whether enjoying a refreshing swim or lounging in the sun, this outdoor space is perfect for relaxation and entertaining. A guest/pool bath provides added convenience, ensuring easy access to the outdoor area. With NO HOA fees or rental restrictions and a prime location just minutes from RSW Airport, beautiful Gulf beaches, and top local amenities, this exceptional home offers the best of waterfront living with GREAT OPPORTUNITY FOR RENTAL INCOME! CAN BE PURCHASED TURNKEY FURNISHED, and "Smart" home features allow for easy remote management. Don’t miss this rare opportunity to own a Gulf-access home on one of the largest lots in Island Park!
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $400 | $400 | $400 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,606 | $3,746 | $4,767 |
Total Monthly Payment | $4,098 | $4,238 | $5,259 |
* 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.