Under contract-accepting backup offers. This home is a spacious, move in ready, 5-bedroom, 3. 5-bathroom residence located in the highly sought-after River Watch neighborhood along the Anclote River. It boasts a large 3-car garage, providing ample storage and parking space. Open and bright layout with formal living room, formal dining room with build in serving buffet with storage. Split plan with spacious bedrooms, great for a large family or in-law suite living area. The property sits on a serene pond, offering tranquil views without the worry of being in a flood zone, as proven during Hurricane Helene when the area experienced no flooding. The private community offers exclusive access to a boat ramp, giving you direct access to the Anclote River, launch your boat with ease, amazing paddle boarding and kayaking! The Anclote River takes you out to the beautiful Gulf of Mexico. Just a short distance from the world-famous Sponge Docks, a vibrant area known for its rich Greek heritage, shopping, and delicious dining. River Watch also features a community park, providing green spaces for outdoor activities and family gatherings, making it a perfect spot for those who appreciate nature, water access, and a well-maintained neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$595,000
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 | $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 | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,167 | $3,164 | $4,014 |
Total Monthly Payment | $3,259 | $3,256 | $4,106 |
* 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.