Presented by![]() Andy McGurer |
Experience the best of Fort Myers Beach with this charming 2-bedroom, 2-bathroom condo in Admiral’s Bay! This turnkey, move-in ready unit is the perfect coastal retreat. Inside, beautiful hardwood floors add warmth and character, complemented by a bright white kitchen that enhances the light and airy feel. The 2nd-floor unit invites you to relax on your private balcony and enjoy stunning sunset views over Fort Myers Beach. Admiral’s Bay is a Prime Location! Just a short stroll to the beach, the brand-new Margaritaville Resort, Times Square, and all the dining, shopping, and entertainment the island has to offer! Admiral’s Bay is undergoing an exciting restoration, featuring new roofs, freshly paved streets, access to two community pools, and a clubhouse. Additionally, the association offers a rental program, making this an excellent investment opportunity. Call your agent and schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
Sales Associate
William Raveis Real Estate
Phone: 860.884.1702
Andy.McGurer@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,920 | $319,920 | $319,920 |
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 | $314 | $314 | $314 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,075 | $2,155 | $2,743 |
Total Monthly Payment | $2,464 | $2,544 | $3,132 |
* 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.