502 Oak Bay DRIVE, Osprey, FL, 34229 | $550,000

Under contract-accepting backup offers. INCREDIBLE NEW PRICE WITH ALL THE STORM MITIGATION UPDATES COMPLETED FOR YOU! Don't miss the opportunity own this lovely three bedroom two bath home on a private . 27 acre cul de sac lot backing up to a treed preserve. Updates include NEW ROOF IN 2021, PLUMBING RE-PIPED IN 2022, WATER HEATER IN 2019, A/C IN 2016, IMPACT WINDOWS & DOORS IN 2009 ALONG WITH HURRICANE SHUTTERS TO ENCLOSE THE REAR LANAI, all this giving you added peace of mind. Luscious tropical landscaping greet you as you arrive with the over-sized side entry two car garage adding to the curb appeal of the home. Step inside the spacious great room onto rich wooden flooring and notice the charming built-in bookshelves & cabinetry, high ceilings and crown moulding. Plantation shutters have been installed on most rooms in the house. The large dining room creates and even bigger feel to the the main area and the open kitchen and huge dinette complete the space. The kitchen has been updated with stainless appliances, a built-in desk, huge breakfast bar and marble stone countertops. The primary bedroom measures an enormous 13x28 giving you added space to create a sitting area, studio or work from home retreat, loads of flexibility to fit your individual needs. The spacious walk-in closet features custom shelving and an added linen closet gives you extra storage. The en suite primary bath with porcelain tiled floors gives you a truly spa-like experience every time you take in its beauty. Soak the day's stress away in the large garden tub or enjoy the updated walk-in shower. Tall vanities with double sinks, granite tops, designer lighting & mirrors complete the room . The water closet is found in its own private room with pocket door and an opaque octagon window. Bedrooms two and three are smartly placed on the opposite side of the home giving privacy to all. Add your personal touches to either of these rooms, both measuring an ample 11x13. The guest bath separates the two guest rooms and includes double sinks, a tub/shower combination and a window for natural light. Bedroom three in the rear of the home has custom closet shelving and double French doors to the dinette that can be opened or closed for privacy as desired. The huge covered lanai can be accessed from the great room, primary bedroom and dinette making outdoor entertaining a breeze. The gem of the home is the large extended and screened patio with a gorgeous water feature you can enjoy while sipping your morning coffee or evening beverage surrounded by the natural beauty of the trees and landscaping. Outdoor lighting on an automatic timer in the rear yard and patio add a majestic feel in the evenings. The indoor laundry room has extra storage, a utility sink and a newer washer & dryer. The garage measures 23x21 and features pull down attic stairs, side garage door and an irrigation system. Truly a gardeners delight, the tropical landscaping has been lovingly nurtured for you to enjoy. Located in the rear of Bay Oaks Estates this private cul de sac lot is hard to find. Close to world famous beaches, fine dining, shopping and the art and cultural venues the Suncoast is famous for. Schedule your private showing today and enjoy Florida living at its finest!

Features

  • Amenities: Vehicle Restrictions
  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 76 x 106 x 159 x 125
  • Laundry: Inside, Laundry Room
  • Year Built: 1995
  • Garage: 2-car Driveway, Garage Door Opener, Garage Faces Side, Oversized
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,116
  • Acreage: 0.27
  • Lot Size: 76 x 106 x 159 x 125
  • Est. Taxes: $2,921
  • HOA Fee: $270 Annually
  • Lot Desc: Cul-De-Sac, In County, Landscaped, Near Golf Course, Sidewalk
  • View: Trees/Woods
  • Elem. School: Laurel Nokomis Elementary
  • Middle School: Laurel Nokomis Middle
  • High School: Venice Senior High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4620117
  • Days on Market: 77 days
  • Website: https://www.raveis.com
    /prop/A4620117/502oakbaydrive_osprey_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 5:01:50 AM)
Listing courtesy of RE/MAX ALLIANCE GROUP   Phone: 941-954-5454

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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502 Oak Bay DRIVE, Osprey, FL, 34229

$550,000

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 $440,000 $440,000 $440,000
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 $243 $243 $243
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,964 $2,924 $3,711
Total Monthly Payment $3,299 $3,259 $4,046

* 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.