BAYFRONT Condo on MANASOTA KEY. NO RENTAL RESTRICTIONS! Immaculate condition, New AC 2024. Discover a prime income-producing opportunity in Devine's Turtle Bay. This well-maintained community offers a HEATED POOL, PRIVATE DOCK, and DEEDED BEACH ACCESS. Enjoy the convenience of nearby restaurants such as Magnolias, Lock and Key, The Waverly and Sandbar, shopping at The Beach Company and Barefoot Trader, and live music - the perfect location for vacationers. Unit 3A is a spacious two-bedroom, one-bathroom condo with stunning views of the pool and intracoastal waterway. Featuring a bright open floor plan and a screened-in lanai, this unit is perfect for relaxation and entertaining. The fully equipped kitchen includes a breakfast bar for casual dining. Sold turnkey furnished, this property is move-in ready and ideal for vacation rentals. Manasota Key offers a serene island lifestyle with easy access to marinas, golf courses, water sports, and guided eco tours. Don't miss out on this exceptional INVESTMENT OPPORTUNITY! Contact us today for more details. Condo fees include building and flood insurance. The below unit 3A is also available for sale. A rare chance to own an entire condo building on Manasota Key for you, your family and friends!
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William Raveis Real Estate
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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 | $476,000 | $476,000 | $476,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $660 | $660 | $660 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,167 | $3,164 | $4,014 |
Total Monthly Payment | $3,919 | $3,916 | $4,766 |
* 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.