Welcome to PARADISE POINT!! RARELY does something this special and unique come up for sale!!! Located at the end of Mary's Fish Camp Road. . . this property is literally the last point of land on Mud River as you're heading out to the GULF!! Incredible 200+ feet of RIVER FRONTAGE directly on Mud River with access to the main head spring for swimming with the manatees and dolphins that frequent the river daily!! You CANNOT beat this location!! The location alone is worth it! PRIVATE concrete boat ramp is on the property and grandfathered in!! Electric boat lift! Fish cleaning station!! Large storage shed!! Wonderful large covered and screened-in lanai!! 2 docks (one stationary and 1 floating) + 2 homes are on the property, connected by an interior foyer for a total of 3 bedrooms and 3 bathrooms! The main home is decorated in coastal decor to help relax you and put you on river time! The second home is a rustic cabin charm! Enjoy relaxing under the covered, screened lanai as you watch the dolphins and manatees coming through the river! The main home has 2 bedrooms + 2 full bathrooms! It offers an open floorplan with the kitchen, great room, and dining area all open to one another! The home offers granite countertops, real wood cabinets, new luxury vinyl plank flooring, new chair-rail height water-proof walls! Both bathrooms are upgraded and remodeled with real wood shaker cabinets, granite countertops! The attached guest home (mother-in-law home or second home. . . whatever you want to call it) has 1 bedroom + 1 bathroom + its own kitchen + large living room (half of it is being used as a bedroom area for several) bunk beds! Or build your own large elevated, multi-story home and take advantage of seeing nothing between you and the Gulf of Mexico! Put your kayak in the water from your own boat ramp, or jump on your boat from your own electric boat lift! Go swim in the head spring just a short distance from the property or take your boat out to the Gulf passing Bayport and Pine Island for boating, fishing, and tubing! This property is incredibly unique and can be used as an income-producing vacation home, too! Come live on Paradise Point and see what peace it brings you with NO NEIGHBORS on 3 sides of you and views as far as your eyes can see! Gorgeous sunsets guaranteed almost all evening!! This is a super exciting property. . . come see it today!! Owner Financing is available with acceptable down payment and terms.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $315 | $315 | $315 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,059 | $4,994 | $6,848 |
Total Monthly Payment | $5,466 | $5,401 | $7,255 |
* 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.