Are you dreaming of a hands-off, income producing property or part time occupancy with income to offset expenses? Picture yourself at Waterline Villas & Marina, where sophistication meets the laid-back charm of Old Florida on Anna Maria Island. Built in 2017, each unit is a haven of comfort and style, with 2 bedrooms, 2 full baths, a stocked kitchen, a cozy living area, and washer & dryer. Imagine waking up in a spacious primary bedroom with a king-size bed, or welcoming guests to a second bedroom with another king-size bed and a living room pull-out sofa. As a guest or owner, you'll have access to various resort-like amenities. Spend your days lounging by the pool, keeping fit in the gym, exploring the island on complimentary bicycles, or dining at the on-site restaurant. Watercraft rentals are readily available for water enthusiasts, and owners enjoy the luxury of complimentary 45’ boat slips, perfect for soaking in the captivating bay and sunset views. But that's not all—the condo fee takes care of all your utilities, covering water, electric, sewer, cable TV, and internet, making life at Waterline Villas & Marina as convenient as it is delightful. With on-site parking and a complimentary trolley service, exploring the island is a breeze. The zoning regulations allow you to occupy your unit for up to a total of 120 days annually, providing a flexible ownership experience. Whether you want to enjoy a serene getaway or benefit from a steady rental income, Waterline Villas & Marina offers the perfect blend of luxury, convenience, and Old Florida charm. Embrace this unique opportunity and let Waterline Villas & Marina be your ultimate island escape.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 | $599,200 | $599,200 | $599,200 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $846 | $846 | $846 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,986 | $3,982 | $5,053 |
Total Monthly Payment | $4,924 | $4,920 | $5,991 |
* 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.