No flooding or damage from recent storms. Gulf Accessible with purchase of the available vacant lot located right from the backyard of this home! Excellent investor opportunity with the proximity to the vibrant art district, dining, shopping, and farmers markets on Dearborn Street all while being nestled on a quiet cul-de-sac in a very charming Old Florida neighborhood. A 5-minute drive will also bring you to the coming soon new entry (Keyway Rd extension) to Wellen Park – the exciting new community with the Cool Today baseball stadium, a stunning downtown, outdoor Friday night events with live music, a host of superb restaurants including Oak & Stone with rooftop lakeview dining and so much more! Location is incredible for this meticulously cared-for 2-bedroom, 2-bath POOL home. Step inside through the screened entryway, complete with a custom mosaic koi pond flooring, and you are greeted with an oversized Great room. Glass sliding doors reveal the pool view with a lush tropical backdrop and long lake view teeming with turtles, birds, and wildlife. The fully screened lanai and heated pool is perfect for year-round relaxation along with the preferred North facing direction of this home so you can enjoy both the sunrise through the tropical backdrop and sunset over the lake. The Chefs arena boasts beautiful granite countertops, soft-close cabinetry, a suite of stainless appliances, updated lighting, and a pass-through to the Florida room. A private ensuite bath with lanai access and a spacious walk-in closet is offered in the spacious primary room. Additional highlights include fresh exterior paint (2024), impact windows and sliders, LED adjustable lighting, split floor plan, a utility sink in the laundry room, a 2-car garage with a service door, gutters (2022), fresh sod & landscaping, well-pump irrigation system (2023) and NO HOA or deed restrictions! Just 4 miles from Englewood Beach and Manasota Key, this home is also eligible for Englewood Gardens Beach Club membership, providing access to a private clubhouse, docks, and more. So much possibility and move-in ready!!!
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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 | $316,800 | $316,800 | $316,800 |
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 | $359 | $359 | $359 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,161 | $2,106 | $2,672 |
Total Monthly Payment | $2,595 | $2,540 | $3,106 |
* 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.