106 Tobago WAY, North Port, FL, 34287 | $75,000

Investors, don’t miss out on this fantastic opportunity! This charming home is perfect for seasonal rentals and reselling come spring. Nestled just steps away from the clubhouse and all the vibrant amenities of the popular 55+ waterfront community, Lazy River, this gem comes fully furnished and is just a short 20-minute drive to the beach. Repair quotes are available for all new flooring with subfloor, new siding, new carport, new front porch and shed came in near $53, 000. Carport quoted at 15, 000.

Being sold fully furnished! Key features you’ll appreciate include a brand new HVAC system (installed in 2022)and a new hot water heater ensuring peace of mind. The home is move-in ready, with updated bathrooms featuring a modern one-piece shower bath and a stand-up shower. The kitchen boasts a corner-facing double sink with a newer faucet and matching black appliances that enhance the aesthetic.

Lazy River is a bustling community filled with numerous clubs, offering activities like pickleball, tennis, shuffleboard, and golf putting greens. Enjoy the beautiful parks, serene lakes with fountains, and a kayak launch. Plus, there’s a marina with 38 boat slips available for rent, perfect for boating enthusiasts who value convenience. With a low-cost option for keeping your boat in the marina, you’ll be on the Myakka River and into Charlotte Harbor or the Gulf of Mexico in no time.

Affordability is key here! The low HOA fees of just $246 a month cover all these fantastic amenities and include cable, internet, and ground maintenance – significantly reducing your expenses. Plus, the location couldn’t be better, with proximity to the new Downtown Wellen Park, Cool Today Park, Warm Mineral Springs, waterfront restaurants, shopping, and stunning beaches. Embrace the Florida lifestyle at a price that won’t break the bank.

Schedule your showing today! Please note that the home previously lost the screened lanai, carport, and shed due to Hurricane Ian, as well as a skylight, which has been repaired. Thankfully, there’s no water damage to ceilings, and the home did not experience flooding. While the floors may need attention, the home has a lovely appeal that’s ready for you to make it your own.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Other, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Tennis Court(s)
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: None
  • Year Built: 1985
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 919
  • Acreage: 0.09
  • Est. Taxes: $1,244
  • HOA Fee: $246 Monthly
  • Adult Communities: Yes
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: N6133085
  • Days on Market: 197 days
  • Website: https://www.raveis.com
    /prop/N6133085/106tobagoway_northport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 5:08:32 AM)
Listing courtesy of EXIT KING REALTY   Phone: 941-497-6060

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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106 Tobago WAY, North Port, FL, 34287

$75,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $60,000 $60,000 $60,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $104 $104 $104
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $404 $399 $506
Total Monthly Payment $583 $578 $685

* 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.