OPPORTUNITTY AWAITS! Transform this fixer-upper into your dream home! This single-family home, brimming with potential, invites the discerning eye of property enthusiast and creative minds. Boasting a 10, 019 sq ft lot with 2, 062 sq ft of living space, this residence is ready to be transformed into the ultimate dream home! Location is everything and this home, beautifully situated on the corner of a gulf access canal, has it all: Less than 10 minutes to the river by boat with one bridge at 8. 5 feet. Upon entry, the spacious living room features large sliding glass doors that flood the space with plenty of natural light and the perfect waterfront view. Step outside and envision relaxing in your pool while enjoying all that Florida's sunshine has to offer! The kitchen, though in need of a renovation, offers ample amount of counter space and the potential for an island or an eat in dining nook. The master suite, complete with dual walk-in closets and ensuite bath, awaits your personal touch. This home was built by Oyster Bay Homes and is a custom build. The Roof was replaced in 1998 with a white galvanized roof that has a 50 year life span. Air conditioner was replaced in 2018. In 2003 the whole house had all the copper pipes replaced with PVC. Located in a prime location, this property provides easy access to waterfront activities, schools, and vibrant local amenities, restaurants, shopping and the infamous Yacht Club which is undergoing a multi-million-dollar renovation itself. Don't miss this rare opportunity to own a piece of prime real estate in one of the area's most sought-after neighborhoods! This fixer upper beckons the right buyer to envision its potential and the possibilities to create a home that is truly one-of-a-kind. Don't miss out on the potential to transform this property into your ideal haven!
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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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $755 | $755 | $755 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,689 | $2,653 | $3,367 |
Total Monthly Payment | $3,519 | $3,483 | $4,197 |
* 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.