Looking for a million-dollar view? This lovely property is just 2 minutes to the Peace River and overlooks the broad expanse of the open waters heading to Charlotte Harbor. The hurricanes have damaged this charming residence, and you may want to redo it as it is ready to put up some drywall and restore the rest to its' former beauty. The value here is the location. There are attractive pavers leading to a newer heated saltwater inground pool with a new pool pump (in working order) and the large dock area beyond with a 10, 000-pound boat lift, perfect for the avid fisherman. Dockside you may see manatees, dolphins, or throw a line in for snook, jacks or redfish. This amazing location appeals to the avid fisherman or the folks who enjoy sitting poolside in the expansive patio area just enjoying the glorious sunsets over the peaceful river. If you are ready to take on a project, this could be the one for you. . . or if you are truly adventurous you may just want to start all over again. It previously served as a bed and breakfast location and photos are attached for those who may be interested in restoring the home to its' former glory. Either way,
with 90' on this sailboat canal you have a location that is extremely enviable.
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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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $449 | $449 | $449 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,774 | $1,728 | $2,229 |
Total Monthly Payment | $2,298 | $2,252 | $2,753 |
* 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.