Welcome to this 2-bedroom, 2-bath mobile home, a perfect blank canvas awaiting your creative touch. Situated in the sought-after Twin Shores community, this property is being offered at land value due to the effects of Hurricane Helene. The opportunities for crafting your dream retreat in this picturesque area are limitless. The Twin Shores Mobile Home Park boasts a welcoming atmosphere and a range of amenities, including access to a private beach just a short walk away, a community clubhouse for gatherings and events, and recreational facilities such as a swimming pool. Longboat Key is renowned for its breathtaking beaches, clear waters, and relaxed lifestyle. Residents can indulge in outdoor activities like kayaking, paddleboarding, and fishing in the Gulf of Mexico, as well as enjoy a variety of waterfront dining options featuring fresh seafood and local cuisine. Unique boutiques and shops are also nearby for those who love to explore. With beautiful parks and nature trails perfect for hiking and birdwatching, this property presents an incredible opportunity to invest in a prime location and design a space that truly reflects your personal style. Don’t miss your chance to embrace the Longboat Key lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$175,000
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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $200 | $200 | $200 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $943 | $930 | $1,181 |
Total Monthly Payment | $1,218 | $1,205 | $1,456 |
* 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.