Welcome to your dream home in Rotonda West! This turnkey furnished property is perfect for immediate move-in or generating income as a vacation rental, having earned $27, 000 in rental revenue in 2023, with the potential for even more. It features a brand-new hurricane-resistant roof with 3rd nail enhancement for added storm protection and potential savings on homeowners insurance. The fenced yard with coastal charm is perfect for vacationers or tenants with pets, while the spacious 1, 759 sq. ft. split-bedroom layout includes 2 bedrooms, 2 bathrooms, and a large bonus room that can easily become a 3rd bedroom. Stylish furnishings are available for inclusion, simplifying your move or enhancing rental appeal. The home also boasts an eat-in kitchen, dining area, granite countertops, an attached 2-car garage with washer and dryer, and a primary bedroom with a private ensuite bathroom. Located in a premier deed-restricted golfing community, you’ll have access to 5 championship golf courses, 26 miles of canals and lakes, tennis, pickleball, a clubhouse, and more. Just 9 miles to Englewood Beach and 12 miles to Boca Grande, this home offers the perfect mix of coastal charm, proven rental income, and great value. Don’t miss out—schedule your showing today and unlock its full rental potential!
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,900
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 | $255,920 | $255,920 | $255,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $393 | $393 | $393 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,681 | $1,681 | $2,142 |
Total Monthly Payment | $2,149 | $2,149 | $2,610 |
* 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.