UPDATE: This property is back on the Market due to the buyer’s inability to perform. This house sits higher than most in this area and saw no flooding from Ian or from any of this year's storms. Minimal Hurricane Ian damages have been repaired and the home sustained no further damage or flooding from either Helene or Milton. Written 10/19/2024. The home is in excellent condition and ready to move into. This beautiful, waterfront, 2/2 bungalow, is the perfect initial Florida home, snowbird getaway, and/or rental. Reasonably priced, easy to maintain, with low ownership cost, it really is what you've been looking for. Freshly painted, inside & out. Inspections by Licensed home inspector - June 2024: Good roof wind mitigation inspection. Good 4 pt. home inspection Available at the home. All the appliances are newer with most being new in 2018 except for Dishwasher which was replaced new 10/22. Brand New HVAC 2024. This beautiful home with Granite countertops and many upgrades is being offered Turnkey furnished. Just bring your suitcase and toothbrush and you’re ready to move in. Add a Dock and this home sits right on the Rotonda River which gives you access to more than 20+ miles of Canals as well as the Marina by the Hills where you can dine several days a week by boat. The irrigation system is also fed by the canal. Rotonda West is a deed restricted community with reasonable restrictions and fees at only $190 per year. Also, would work great as an investment property as deed restrictions allow minimal rental periods of 1-7 days. The Community offers 5 Golf Courses. (1 just a block or two down the road) Quick access to the Gulf Waters (by car). Close to many Restaurant Choices. Basically, welcome to Paradise! You owe it to yourself to hurry to see this one before it disappears!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $215,200 | $215,200 | $215,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $345 | $345 | $345 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,432 | $1,414 | $1,801 |
Total Monthly Payment | $1,852 | $1,834 | $2,221 |
* 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.