If you are ready to experience Florida's lifestyle, this move in ready, beach vibe ranch style home with income generating potential is a must see.
Conveniently located within one mile from beautiful Manasota Key Beach and ΒΌ of a mile from Lemon Bay Preserves (walking trails), this unique split-level plan home offers a primary bedroom suite with its own independent entry and an adjacent bonus room that may be used as a nursery, office, personal gym, or as it is currently being used as an in-law suite with kitchenette(ideal for extended family stays or perfect for investor).
In the kitchen you will find new cabinets, quartz countertops, and whirlpool appliances. The kitchen has sliding door access to an air-conditioned lanai that leads out to a fully fenced backyard.
Added plusses: NEW ROOF INSTALLED AUGUST 2024. Spacious second and third bedrooms, NO HOA fees, listed under market value, no mandatory flood insurance zone, corner unit, concrete construction, public water/sewer available, front porch, concrete patio area, outside shower, large shed, newer Approx 5 year old Air Condition and water heater
Furnishing is optional and negotiable under separate contract. Seller may consider buyer concessions. Please use F. A. R. AS IS RESIDENTIAL CONTRACT FOR SALE AND PURCHASE including either proof of funds or a mortgage pre-approval.
Bring your Boat or RV and start living the dream!
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Our Executive Mortgage Banker:
Our Insurance Division:
$395,000
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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.429% | 6.149% | 5.152% |
Monthly Tax Payment | $127 | $127 | $127 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,895 | $1,893 | $2,478 |
Total Monthly Payment | $2,097 | $2,095 | $2,680 |
* 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.