Auction Property. This home is being sold at AUCTION ONLY, and brokers/agents are protected. This home is located 15 minutes from the Boca Grande Bridge and many Silver Sandy Beaches of South West Florida.
Soaring Ceilings, a full 3 car garage, oversized swimming pool and a lovely split 3 Bedroom floor plan with a proper dining room and a breakfast nook overlooking the pool and private back yard. Membership to the association is OPTIONAL as it is located outside of the boundary of the HOA so you can even park your boat or RV on this lot. The land includes part of the street to the east side as the owner purchased half of the lot on the east (right side) of the house. Immaculately maintained with plenty of natural lighting from pocketing sliders in the back side and from the breakfast nook aquarium window view of the heated pool.
The split bedroom floor plan separates the master suite for privacy, it has a glass slider to the pool, tray ceiling, walk-in and reach-in closets, double vanities, a walk-in shower, and jetted tub. Lots of extras too, vaulted ceiling, impact rated pool cage that is just 8 years old, well for irrigation, and if you like to tinker, the garage has over 750 sq. ft. and its own dedicated screened porch that could make an excellent aviary, terrarium OR man cave. This could be YOUR new home, located near numerous golf courses, the beaches of Boca Grande and Englewood, several boat ramps, restaurants, and marinas, near the Lemon Bay High School and many houses of worship.
This property will be sold at an online auction only. Buyers will register and bid directly. Brokers and Agents please read all of the details on the rules and regulations and terms for the auction. To be fair to all concerned, this house WILL NOT BE SOLD before the auction, which is open for registration now, and bidding will open on December 26 at 8: 00 AM and closes on January 8 at 1: 05 PM. Closing will be within 45 days (closing can be arranged sooner). Cash or Financial, purchase contract is No contingency to Financial or inspection, buyer needs to arrange financial and inspection prior to the auction ending, Sold As-Is.
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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 | $311,511 | $311,511 | $311,511 |
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 | $286 | $286 | $286 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,046 | $2,070 | $2,627 |
Total Monthly Payment | $2,407 | $2,431 | $2,988 |
* 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.