Under contract-accepting backup offers. Extra high elevated home which will save you money on your Flood Insurance with direct Gulf access, and year round full entertainment for you, and your family and friends. Open floor plan, eat-in kitchen , granite counter tops, wood cabinetry and stainless steel appliances. Best of all, is a spacious bar-height breakfast /happy hour bar. Living room features French entry doors, cathedral ceilings and rear sliding glass doors to a large enclosed breezy balcony over the water. Master bedroom/bathroom, newly renovated bathroom with modern his/her sinks, large walk in spiral shower, big walk in closet. Laundry room w/ lots of cabinets, counter space and utility sink. 8 x 6 storage room w/ several extra closets. Covered patio adjacent to the living room overlooking the pool and canal. Full newer bath nearby on 1st floor, 60 feet seawall with 7'-8' wide MOL concrete cap. This home sits highly elevated, (which is VERY important) on a nice deep wide saltwater canal with dock, 10, 000 pound boat lift for boating with a straight shot to the Gulf of Mexico enjoying dolphins, manatees, fishing etc. Bonus heated/cooled 5th bedroom, den or office not included in the 2038 sq. ft. and is not insurable, however it completes all the extra space you need, possibly perfect for mother in law suite, apartment or vacation home. Also includes cool billiards room, great for sports games.
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Our Executive Mortgage Banker:
Our Insurance Division:
$539,900
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 | $431,920 | $431,920 | $431,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $288 | $288 | $288 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,874 | $2,871 | $3,642 |
Total Monthly Payment | $3,254 | $3,251 | $4,022 |
* 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.