Under contract-accepting backup offers. **PARADISE IS KNOCKING!!** PHOTOS WERE TAKEN PRIOR TO RECENT HURRICANES. HOME HAS BEEN DRIED OUT, ALL APPLIANCES AND DRYWALL REMOVED AND IS READY FOR REDO. Home is designed as 2 beds/2baths with spacious living and dining rooms, dinette area, kitchen overlooking living area, garage plus ingound swimming pool! Following Public Remarks statements are (in part) from original listing): What could be better than your very own adorable & affordable home, on a quiet dead-end street, in a quaint barrier island community, within steps of one of Florida’s most sought-after Gulf beaches? Well. . . with this exceptional home you can add **BEACH ACCESS, YOUR OWN BACKYARD INGROUND SWIMMING POOL AND PEEK-A-BOO BAY VIEWS FROM THE SUNNY LIVING ROOM! This charming beach-area property known as the “Blue Isle Cottage” is offered at a reasonable price for a beach-area 2 bedroom/2 bath POOL home! This popular short-term vacation rental doubled as a perfect get-away for owners and extended family! As nearby sparkling, aqua-hued Gulf of Mexico waves gently lapping the shoreline are "calling"… just pack your cooler & beach chairs and stroll the short distance to nearby Englewood beach! There you can sit with your toes in the sand, sun, fish, watch dolphin and manatee swim by, or stroll down along the shoreline of Stump Pass Beach State Park to the tip of Manasota Key and check out the entertaining boating activity at breathtaking Stump Pass… collecting seashells and shark’s teeth along the way! When you return home, kick off your flip flops and rinse the sand off at your outdoor shower before taking a relaxing dip in your own swimming pool! Enhancements include: double impact windows & slider, resurfaced solar heated pool w/updated lighting, pool cage, En Suite primary bath w/tiled flooring, walk-in shower; guest bath w/tiled flooring! Situated between Sarasota/Siesta Key to the north and Boca Grande to the south, Manasota Key is in a gem of a location, offering several beach and bayside parks plus Gulf and Lemon Bay access via a number of county-maintained roads running east and west off Gulf Blvd to the water! Great for launching kayaks and SUPS! Locals enjoy world-class fishing, waterfront dining and dancing at several nearby fine restaurants located across from Englewood Beach Park. Seasonal Grand Prix off-shore boat races are a spectacular annual event every November (cancelled in 2024) Residents and guests find boat/jet ski/kayak/bike/golf cart rentals conveniently on-Island! **"Beach access” is via plat of Englewood Shores subdivision. Come explore the mesmerizing beauty, serenity, sunny skies and seasonal crystal clear waters of Southwest Florida! BREATHTAKING SUNRISES and SUNSETS are just a “FLASH” AWAY! *PARADISE IS WAITING FOR YOU!*
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William Raveis Real Estate
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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 | $598,400 | $598,400 | $598,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $547 | $547 | $547 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,981 | $3,931 | $5,046 |
Total Monthly Payment | $4,619 | $4,569 | $5,684 |
* 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.