**NO FLOODING** during hurricanes Helene or Milton. *Charming Beach Cottage – A Perfect Retreat or Investment Opportunity!**
Discover your slice of paradise with this charming 2-bedroom, 2-bathroom beach cottage, perfectly situated just steps away from the pristine white sandy beaches of the Gulf of Mexico. Whether you’re seeking a serene getaway or an income-producing cash cow, this property has it all—NO RENTAL RESTRICTIONS! Move right in, as the cozy home comes fully furnished with stylish furniture, decor, linens, kitchenware, and even kayaks for your adventures. Enjoy modern amenities, including a stackable washer and dryer, luxurious granite countertops, and a tankless on-demand water heater. The interior features long-lasting luxury vinyl flooring in neutral tones, enhancing the beachy vibe while providing durability.
Outdoor living is a breeze with an outdoor storage shed for your water toys and a convenient outdoor shower for rinsing off after beach days. Plus, this prime location is just a short stroll from vibrant bars, restaurants, and shops, making it easy to soak up the local culture. With LOW HOA FEES that cover internet, cable, water, sewer, and trash, this home offers both comfort and convenience. Don’t miss out on this incredible opportunity to own a piece of beach paradise or to start generating rental income—call today to schedule your viewing! Photos are not up to date and does not reflect the current debri which is being cleaned up.
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,900
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 | $639,920 | $639,920 | $639,920 |
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 | $546 | $546 | $546 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,311 | $4,253 | $5,397 |
Total Monthly Payment | $4,949 | $4,891 | $6,035 |
* 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.