***BIG PRICE REDUCTION*** COMMODITY ALERT! This type of property is rarely available! A 3 bedroom / 2 bathroom home located on a TIP LOT of nearly 1/2 acres (0. 42) with 257 ft of direct waterfront with immediate Gulf access. What a view, what an opportunity, what a life, to sit directly along the tidal Myakka River with a 1 MILE VIEW across the water, and gorgeous daily sunrises and sunsets. Meander along the 10, 000 paver pathway of your own botanical garden, enjoying the papaya, mango, bananas, pineapple and loquat. Pamper your plants in the greenhouse and screen-house; build and tinker in the workshop, all with complete solitude and privacy. The home is a spacious 1858 sq ft with an additional 528 sf enclosed, AC, porch of all glass windows. The home itself is airy and light, with 8 sun tunnel sky lights, a new roof, and tile flooring throughout. Whether you love gardening and wish to live in your own private sanctuary, or you want to build your water front dream home on . 42 direct waterfront property, this property deserves a look. Gulf Cove is a non-deed restricted waterfront community, situated along the Myakka River, with direct access to the Charlotte Harbor and Gulf of Mexico; one bridge with an average 24’ clearance. Catch tarpon, cobia, snook, redfish, shark right off your seawall! Watch dolphin play and manatee families swim by. Living directly on the River is truly a unique experience. Call for your private showing today!
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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 | $608,000 | $608,000 | $608,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $294 | $294 | $294 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,045 | $3,994 | $5,127 |
Total Monthly Payment | $4,431 | $4,380 | $5,513 |
* 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.