PARADISE AWAITS! Build your very own beach cottage on this quiet dead-end street just steps away from the Gulf of Mexico's sparkling waters and endless beaches! Located on south Manasota Key in SW Fla, this lot is only a short 3+/- minute easy stroll to nearby beach with your cooler and beach chairs! Barrier island is perfect location for investment rentals! Manasota Key offers several beach and bayside parks plus Gulf beach and Lemon Bay access via a number of paved county-maintained roads running east and west off Gulf Blvd to the water! These roads provide beach and bay access for pedestrians only. . . great for launching kayaks and SUPS! Locals enjoy world-class fishing, waterfront dining and dancing at several nearby fine restaurants located across from Englewood Beach Park. Seasonal Grand Prix off-shore boat races are a spectacular annual event every November! Residents and guests find boat/jet ski/kayak/bike/golf cart rentals conveniently on-Island! Come explore the mesmerizing beauty, serenity, sunny skies and seasonal crystal clear waters of Southwest Florida! BREATHTAKING SUNRISES and SUNSETS are just a “FLASH” AWAY! *PARADISE IS WAITING FOR YOU!*
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
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 | $199,920 | $199,920 | $199,920 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,330 | $1,329 | $1,714 |
Total Monthly Payment | $1,405 | $1,404 | $1,789 |
* 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.