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REAL ESTATE SCORECARD
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SW FORT MYERS
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133 128 105 146
sales
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46 43 31 33
solds 14 24 19 11
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85 78 84 75
sales
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20 22 20 23
solds 13 13 10 5
FORT MYERS BEACH
SAN CARLOS
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33 29 46 34
sales
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10 9 2 5
solds 5 4 5 8
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73 75 75 83
sales
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23 15 9 14
solds 8 15 5 8
BONITA/ESTERO
NAPLES
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244 234 197 261
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56 51 47 49
solds 35 23 25 28
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797 768 664 726
sales
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144 147 126 141
solds 88 87 68 59
MORTGAGE INTEREST RATES by MAY MORTGAGE
EXISTING-HOME LOANS (PURCHASE & REFINANCE)
product
F30
F30 I/O
F15
10/1 I/O
5/1 arm
3/1 arm
CONFORMING
(LOANS <= $417,000)
6.125
6.375
5.375
-
-
6.125
APR
6.153
6.387

5.389

-
-
6.169
JUMBO
(LOANS >$417,000)
7.250
7.000
6.625
-
-
6.625
APR

7.293

7.132
6.638
-
-
6.748
PRODUCT DESCRIPTIONS
F30 = 30-yr Fixed Rate loan. F30 I/O = An interest-only loan. Based on a 30-yr Amortization, the interest-only payment feature lasts for ten (10) years. Converts to a fixed rate thereafter (rate change applies). F15 = 15-yr Fixed Rate loan. 10/1 I/O = An interest-only loan that lasts for ten (10) years. Converts to an 1-yr adjustable rate mortgage (rate change applies). 7/1, 5/1, 3/1 arm = 30-yr Amortizing Fixed Rate loan, that stays fixed for the 1st 7, 5 & 3 years respectively, then converts to a 1-yr arm (rate change applies).
I review many lender rate sheets daily. Shown below are the most popular products with the lowest interest rates. For the good interest rates a client needs should follow these recommended qualifications: primary residence or 2nd home, 20% down, min Middle Credit Score of 680. RATE CHANGE DAILY, SO CALL FOR LATEST QUOTE!
FORT MYERS BEACH INCOME
PRODUCING PROPERTIES

Find below a sample of the income-producing homes (vs. condos) available for sale on Fort Myers Beach. Click on the property address to view the Client Detail Report with pictures!

address
price
gross rent (yearly)
current
taxes
comment
$299,900
$27,000
$4,951
$329,900
$20,640
$2,970
$429,900
$24,600 
$5,700 
1 unit o/occup
$485,000
$34,800
$6,325
$549,000
$16,800
$9,068
1 unit o/occup. On-water!
$549,900
$36,000
$4,668
$579,000
$32,000
$7,073
$599,000
$29,400
$5,658

Find below the six (6) single-family homes available for sale that allow weekly rentals. These properties are exempt from the 'quiet-zone' restrictions that other single-family homes are required to follow. In these homes, you will find the best of both worlds: quiet neighborhoods, with great seasonal rental income, as weekly rentals will bring more income than monthly rentals!

FORT MYERS BEACH SINGLE-FAMILY
INCOME-PRODUCING PROPERTIES
These are very, very rare properties. A few years ago, Fort Myers Beach residents voted to make 'quiet-zones' - areas of the island where weekly rentals are not permitted. Weekly rentals during season command the highest rental incomes, yet - in family neighborhoods - were causing 'quality-of-life' issues. Hence, the ban on weekly rentals of single-family homes. A very few properties (53) were made exempt from the rule. Only six (6) are available for sale. The advantages are that you can have a lovely single-family home on a quiet street AND maximize the rental potential with weekly rentals. The best of both worlds!
address
price
$459,000
$479,000
$574,900
$664,900
$684,000
$699,000
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