Stop worrying about flooding. Buy a properly built newer code Florida home. 14 feet above sea level. No damage from Milton to main home. Top 5 things you will love about this property are: 1) Custom built key west style home. 2) Built by reputable builder in 2001 under newer building codes. 3) Located in a sheltered Bay with wide open views and low boat traffic 4) Separate guest house for extended family and friends. 5) Located in the best part of Lemon Bay with easy access to beaches and the Gulf of Mexico. Not to mention it has a Brand new heated inground saltwater pool with hot tub and waterfall. It is close to all amenities, you can walk or bike to beach or restaurants. With over $200, 000 in renovations this ONE of A KIND solid custom built home has been designed with Florida weather and lifestyle in mind. There are water views from as many different places along the property as possible not to mention priceless SUNSETS right in your backyard! With a total of 3 bedrooms, 2 full baths (you can add a closet to the bonus room where there is currently a king size bed to make it a 3rd bedroom). There is also plenty of garage space for your toys (two separate garages on each side of the main home). The current owner is using one side for his SUV and boat and the other side as a spacious game room. Planning to have guests…There is plenty of room for them to have their own privacy in the guest house which has a full bath, seating area, two beds and a kitchenette! Just outside the door of the guest home there is a peaceful garden of beautiful FL friendly plants that makes for a nice outdoor seating area to enjoy nature while reading your favorite book. This combines with the main living space for roughly 2195 square feet of spacious Salt Life living. The pool was newly installed in 2022 and has Pentair digital pool pump equipment and heater. Also in 2022, new accordion hurricane storm shutters were installed on both the main home and the guest house making it easy to quickly shutter up if a storm approaches. This home also comes with a 10, 000# boat lift so you can store your toy for quick direct Gulf access. So many choices of airports to fly into, Punta Gorda, Sarasota, RSW, Tampa, St. Pete to mention a few. Oh its the beach you want. . . …the breathtaking beaches of the Gulf Coast are a quick drive by car or boat. . . . Englewood, Boca Grande, Siesta Key, Clearwater. . . . . and more. Maybe you would rather go golfing, we got that covered too with some of the nicest courses around that you will ever play at. . . . . Come see what you have missed out on, you won't be disappointed. All furnishings and decor are negotiable. Seller is motivated. Property has had minimal damage from the hurricane and is in the process of being repaired, no damage to the main home living space!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,479,200 | $1,479,200 | $1,479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $1,346 | $1,346 | $1,346 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,594 | $9,471 | $13,090 |
Total Monthly Payment | $11,065 | $10,942 | $14,561 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.