Investor Opportunity: Waterfront Home in Gulf Harbors!
This property presents a fantastic opportunity for investors or homeowners looking to create their dream residence! This home experienced flooding of up to 2 ft during Hurricane Milton, but immediate remediations have been completed, with certification available for review.
Location Highlights:
Situated in the highly desirable FloraMar subdivision of Gulf Harbors, this home offers direct access to one of the widest, deep-water canals, making it a boating enthusiast’s paradise. Enjoy seamless access to the Gulf of Mexico right from your backyard!
Property Features:
Size: 2, 030 sq ft block-constructed home, built in 1978.
Layout: Spacious 3-bedroom split floor plan with a den, ideal for customization.
Bathrooms: 2. 5 baths to accommodate family and guests.
Garage: Attached 2-car garage for your convenience.
Outdoor Space: Includes a floating dock and a concrete backyard area, perfect for relaxing and entertaining. Ideal for sunrise coffee or sunset cookouts.
Interior Appeal:
Enter through the welcoming front entryway and be captivated by the open floor plan and breathtaking views across the expansive saltwater canal. The recent HVAC system (installed in 2023) ensures comfort year-round.
Community Benefits:
Gulf Harbors is a golf cart-friendly neighborhood that offers residents the chance to secure a membership at the community's exclusive private beach.
Don’t miss your chance to invest in this property with incredible potential. With the backyard designed for boating and the opportunity to reimagine the interior to your liking, this home is sure to be highly sought after. Act fast, as opportunities like this don’t last long in Gulf Harbors!
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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 | $396,400 | $396,400 | $396,400 |
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 | $253 | $253 | $253 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,604 | $2,635 | $3,343 |
Total Monthly Payment | $2,932 | $2,963 | $3,671 |
* 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.