Welcome to this freshly updated 2-bedroom, 2-bath corner excellent rental income generator at Park Shore Resort, located in the desirable Gulf of Mexico/Park Shore corridor west of Hwy. 41. This second-floor residence offers a prime location adjacent to the tennis/pickleball courts and racquetball, providing a perfect setting for the active lifestyle enthusiast. Step inside to discover newly updated bathrooms and flooring, complemented by sleek white cabinets and quartz countertops in the kitchen. The lanai newly renovated with new floors, screens and impact slider doors providing a tranquil spot to unwind and take in the tropical landscape surrounding the 13-acre oasis. Park Shore Resort offers an array of amenities, including a heated pool, hot tub, grill/BBQ area, tennis courts, racquetball, shuffleboard, and a fitness center. Additionally, the on-site restaurant, Hogfish Harry's, presents a delightful menu for both residents and guests to savor. Owners with pets will appreciate the pet-friendly policy. Investors will find the flexible rental policy to be a valuable asset, with an excellent rental history and ease of booking. Don't miss out on this opportunity to own a stylish and conveniently located residence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$479,900
William Raveis Real Estate
Phone: 888.699.8876
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 | $383,920 | $383,920 | $383,920 |
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 | $226 | $226 | $226 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,587 | $2,552 | $3,238 |
Total Monthly Payment | $2,888 | $2,853 | $3,539 |
* 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.