Under contract-accepting backup offers. This home flooded during Hurricane Helene, but it was immediately mitigated, sheetrock removed, treated, and well on its way to being put back together. All lower cabinets have been removed, and AC and water heater have been ordered to be installed. Electrical and walls repaired. This home is ideally situated on an extra-wide canal with deep-water access, which is perfect for boating enthusiasts and those who value authentic waterfront living. The expansive (2018) dock features Trex decking, reinforced pilings, and a 20, 000 lbs. aluminum lift with remote control, prepared for your water adventures. Recent improvements include re-piping all supply water lines with a 25-year warranty, resealed paver circular driveway, a well-maintained tile roof (1998), and hurricane-impact sliders and windows (2017), hurricane-rated garage door (2021) and epoxy garage floor with metal shelf storage. The outdoor oasis surrounded by travertine pavers includes a Pavillion, a heated saltwater pool with an oversized sun shelf, LED lighting, and an overflow spa (2020). New pool pump since the storm(2024). Mature shade trees, nice grass yard—ideal for entertaining, pets, relaxation and play! Come live the lifestyle. Come live on the island! Make it your own! Build it new! This is a Fantastic Lot!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $1,030 | $1,030 | $1,030 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,005 | $6,915 | $9,482 |
Total Monthly Payment | $8,160 | $8,070 | $10,637 |
* 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.