---- HUGE PRICE REDUCTION ---- This WATERFRONT beauty with access to Tampa Bay has great views of the water and lots of unique wildlife with tons of upside potential, so don't miss out on creating the Florida lifestyle you always dreamed of. Shore Acres community enjoys water access, playgrounds, tennis courts, and a recently renovated recreation center complete with gym and community pool. Home features a large, private saltwater pool that was recently remodeled and a brand new pump motor was just installed, the saltwater system is working great and it's all safely installed in a nice storage shed on the corner of the property. Newer A/C just checked by a technician and is in working condition. Home has a very large & fenced backyard that's great for entertaining. Home has a metal roof that weathered the storm with no visible damage. There is also a large, fenced storage area that is on the rear left side of the home that could be used for storing an RV or boat and there's an extended driveway in the front left side of home for extra parking. This property was flood damaged by hurricane Helene. owner states that this is the 1st time home has been flooded since 1999 when he moved in. Flood damaged drywall and other items have been removed and anti-mold/fungal treatment applied. Home will need to be remodeled. Home is sold As-Is, CASH only, no assignable contracts, no contingencies, seller cannot warranty any aspect of this property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $127 | $127 | $127 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,210 | $2,156 | $2,722 |
Total Monthly Payment | $2,411 | $2,357 | $2,923 |
* 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.