High and dry and made it through 2 massive hurricanes with no damage. Our small community of 3 buildings didn’t suffer any real damage from Helene. One of the few properties where ground floor is at an approximate 12 feet above sea level and this unit is second floor. Sunrise over the water, views of the yachts awaiting the bridge to open, birds from the preserve flying so close to your living space surprising you all day and the sparkling glow of the sun shimmering off the water will give you the biggest joy in your new home. Enjoy your coffee on the lanai with your fur baby (who is not allowed at the majority of condos around) and start you day off right. As the day comes to an end and the sunsets, clouds behind you take on an afterglow of pinks, yellows and orange as the sky lights up for one last time before you see the glow of the moon. The view is clearly second to none and completely unobstructed by a pool or any other structure, it's just you and the water. Welcome home to an amazing small community with very low HOA fees where you will sit high and dry on the island of paradise, Anna Maria Island. I am a local FL broker and bought this unit for myself for the following reasons. . . It's less than 3 stories which is very beneficial in Florida currently given all the new regulations. It was built in 1970 with concrete block and is a very solid well built structure. It sits on the perfect place on the island to avoid traffic and get on and off the island easy while still being close enough to walk to the beach, the grocery store and so many restaurants and bars and almost anything you need including the free trolley. You don't have to have a vehicle here just a golf cart if you desire. Community has a kayak launch and storage, a heated pool, fire-it gathering area, tennis and pickleball. If you are aware of the amount of time and extensive cost involved these days to get any renovations done including the crazy cost of materials then you will appreciate that these things have already been done for you: kitchen, some plumbing, new faucets, hurricane rated windows and sliders, HVAC, hot water heater, stackable LG large capacity washer and dryer, cove moulding, baseboard, solid wood bedroom doors, sliding door to entrance closet, new ceiling fans and lighting, paint, flooring resurfaced to name some of the expense and time you will be free of. The unit has a large storage unit in the mudroom area as well for all of your outdoor equipment and bikes etc. I think if you come see this property you will fall in love not only with the million dollar view but the location and the community. Don't pass up your shot at this amazing piece of real estate in one of the most beautiful zip codes in all of America. Community had minimal wind damage from trees and a few broken pieces of furniture at the pool. Great location for future living on this island.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $311 | $311 | $311 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,060 |
Total Monthly Payment | $4,395 | $4,391 | $5,463 |
* 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.