Welcome to your CANAL FRONT PROPERTY with NO BRIDGES to the GULF OF MEXICO! This INVESTOR SPECIAL has endless potential. This is your perfect canvas for remodeling your dream home with a SPLIT FLOORPLAN and a SCREENED-IN POOL! Imagine the possibilities as you reimagine and redesign the living and dining spaces to suit your style and needs. The kitchen is ready to be turned into a culinary paradise for the family chef, perfect for whipping up gourmet meals in a custom-built space. An added bonus is the LOFT, ideal for creating a cozy reading nook, a home office, or a relaxed lounge space. If you'd like more living space, move your primary suite up to the loft!
Indulge in the luxury of personalizing TWO DUAL SUITES, a guest bedroom, and bathroom, all awaiting your personal touch. Plus, enjoy the convenience of a half bath. Tailor each space to your unique style and vision. Step outside to your SPACIOUS COVERED LANAI with CATHEDRAL CEILINGS! Perfect for entertaining, dining, or simply unwinding in the shade. This area is ready to become your ultimate outdoor haven. Beyond the lanai, a SCREENED-IN POOL awaits, ideal for creating your private backyard oasis with a CANAL VIEW of the water on one side of the yard. Relish the direct CANAL ACCESS, perfect for launching your upcoming water adventures!
Location is key, and this property shines! Situated less than FOUR BLOCKS from the vibrant and HISTORIC DEARBORN STREET, you’ll have access to local dining, boutique shopping, farmers' markets, concerts, and community events. Just around the corner is Indian Mound Park, complete with a public boat ramp, giving you easy entry for world-class fishing and boating in the Gulf. Plus, you're a short drive to Englewood and Manasota Beaches, multiple golf courses, and the excitement of Major League Baseball Spring Training at nearby stadiums, including Wellen Park.
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:
$500,000
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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $215 | $215 | $215 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,729 | $2,659 | $3,373 |
Total Monthly Payment | $3,036 | $2,966 | $3,680 |
* 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.