Welcome to South Gulf Cove, a highly sought-after waterfront community with optional HOA. Located just minutes away from Boca Grande Beach, one of the most beautiful beaches on the Gulf Coast, easy access to a vibrant beach scene with restaurants and bars. As you step into this well-maintained, solidly built 2006, pool home by Hamsher Homes you’ll be struck by the abundant natural light, your eyes will immediately be drawn to the pool area, which captures the tranquility of the privately landscaped yard. The lanai overlooking the bluestone patio, is the perfect setting for your morning coffee while listening to the wildlife on the well-appointed 23 x12 lanai. This open floor, 3/2 split plan offers plenty of privacy from your guests. Within your master suite you’ll enjoy 2 walk-in closets, a walk-in shower and double sinks along with an oversized slider looking over the lanai and pool. The two additional bedrooms with full bath provide versatility and privacy for your guests. The well-appointed kitchen features under cabinet lighting, a breakfast bar, newer GE Slate appliances, Corian counters with enhanced backsplash adding a welcome central space for your entertainment. Upgrades include Storm Smart Hurricane Shutters (electric wall on Lanai, others are manual), new architectural shingle roof 2022, Saltwater pool generator installed in 2020, new pool heater installed in 2023, hard wired security system, pet/child pool fence. Designated exterior Generator plug direct to panel for power during an outage. House surge protector. Bermuda Shades added to the front for an updated look. Concrete curbing with stone surrounds the house giving a clean finished landscape. Just for fun, when’s the last time you played Tether Ball? Now you’ll have your own court to play whenever you like! This home won’t disappoint whether you are looking for year-round living or a seasonal getaway, this one is move in ready! Schedule your private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $374,320 | $374,320 | $374,320 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $270 | $270 | $270 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,459 | $2,488 | $3,157 |
Total Monthly Payment | $2,804 | $2,833 | $3,502 |
* 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.