Under contract-accepting backup offers. Price Drop on this Charming Coastal Retreat in Historic Palmetto!
"I'm Still Standing" is the theme song of this home!!! Since 1948 it has withstood the test of time and through all that Mother Nature can throw at it! Even after the most recent hurricanes, the home is bone dry and remains unscathed, awaiting its new owner to make it theirs!!!
Do Not Miss the Opportunity to own this delightful 2-bedroom, 1-bath home located in the Palmetto Historic District. Only minutes from the Regatta Pointe Marina, Palmetto Boat Ramp, Emerson Point Preserve and stunning Gulf Coast beaches! This property is a blank canvas that awaits its next owner to make it their own.
The home is not currently without its merits as it possesses real Pine hardwood floors throughout, a truly spacious living room capable of accommodating all of your entertaining needs, as well as the Roof, A/C and Water Heater all completed within the last several years. With No HOA and a huge lot, you could create a relaxing and private oasis, park your boat/RV and still have room to possibly build further on the property; the possibilities are endless!
Enjoy the convenience of nearby parks, shopping, and dining options, as well as easy access to major highways for a quick commute. Don’t miss your chance to own this charming home in a thriving community- schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$239,000
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 | $191,200 | $191,200 | $191,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $238 | $238 | $238 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,272 | $1,271 | $1,639 |
Total Monthly Payment | $1,585 | $1,584 | $1,952 |
* 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.