Surf's Up! This charming Vilano townhome just steps away from the beach. This property offers a unique opportunity as a current income-producing short-term rental, making it an ideal investment. Recently renovated, this home has a refreshing bohemian vibe that's sure to captivate. With two generous bedrooms and baths, this townhome is perfect for comfortable living or hosting guests. The absence of carpet throughout ensures easy maintenance and a clean, modern feel. The private backyard provides a serene space to relax or entertain. The property is designed for low maintenance, with several updates: the shared septic system is new, cementitious siding was installed in 2017, and the kitchen was updated in 2021, new luxury vinyl plank flooring was added upstairs, and the upstairs bath has been newly renovated. Whether you're seeking a comfortable beachside retreat or a savvy investment opportunity, this Vilano townhome has it all. Its prime location, recent renovations, and charming features make it a must-see property with endless potential. Don't miss your chance to own a slice of beachside paradise with income-generating potential. Seller is also offering to lease the property with an option to purchase.
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William Raveis Real Estate
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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 | $311,200 | $311,200 | $311,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $145 | $145 | $145 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,070 | $2,068 | $2,668 |
Total Monthly Payment | $2,290 | $2,288 | $2,888 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.