One or more photo(s) has been virtually staged. WATERFRONT 2 STORY HOME WITH DIRECT ACCESS TO ANNA MARIA ISLAND. Imagine being minutes to the Gulf by boat and 3 miles by car to the Gulf Coast’s finest beaches, including Anna Maria Island, Longboat Key and 12 miles to downtown Sarasota. Your favorite saying will be, "I can't believe I live here!!" Rare Opportunity. Elevated two-story gem, built in 1983, is brimming with value and potential. NEW roof, brand NEW seawall, two NEW AC units, and a NEW water heater, just tented, just add your personal touch. Virtual Staging has been added to extend your imagination. Priced below market value to reflect your preferences and investment potential, this property is a rare find with homes in this community valued up to $1. 6 million. The land alone offers exceptional value. Schedule your private showing today!
The home features an open kitchen with a breakfast bar and formal dining room or sitting area /casual living room with stunning water views, and an enclosed screened-in porch perfect for savoring the breezes. Additional formal dining room or office and large formal living room. Lots of space to enjoy life. Entertaining is a breeze with ample guest parking and a welcoming front entrance. A tucked-away main-level bedroom and full bath adds convenience, including the laundry on the main floor.
The oversized primary suite boasts a private retreat with beautiful views, a built-in wet bar, and two large walk-in closets. A second spacious bedroom with a walk-in closet can accommodate up to 8 persons. Bring the families, it’s vacation time. Fixer Up the way you want it.
The FOUR CAR GARAGE built with STEEL BEAMS, oversized, and high ceilings has been converted to include a storage room, but can be easily converted back, includes a utility sink, and a workbench area. The converted room can be used for extra storage or potential apartment conversion, this property offers significant versatility.
The expansive backyard is a blank canvas for your imagination—create your dream pool, outdoor kitchen, tiki bar, or large play area. With well water irrigation keeping costs down and the lawn lush, this home combines functionality with luxury.
Ideally located near golf courses, recreation areas with pickleball and tennis, restaurants, and pristine beaches, Coral Shores is your gateway to waterfront living. Don’t miss your chance to own this slice of paradise. Explore our walkthrough video tour and make this dream home yours today!
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $748,000 | $748,000 | $748,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $776 | $776 | $776 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,852 | $4,790 | $6,619 |
Total Monthly Payment | $5,720 | $5,658 | $7,487 |
* 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.