Welcome to Riviera Bay, where “It’s always a great day in Riviera Bay!” Located in the best neighborhood in the world, this 3-bedroom, 2-bathroom home offers the perfect chance to create your dream living space. The home recently experienced flooding and is being sold as-is for the seller's convenience, but it’s packed with features that make it an exceptional opportunity.
This property includes a separate, permitted driveway specifically for your boat, with the community boat ramps less than a two-minute walk from your front door. The backyard boasts a large storage shed with custom organization, making it perfect for tools, hobbies, or extra storage, and it offers the ideal space for a pool. The roof was replaced in 2020, providing peace of mind, and a new vinyl fence surrounds the property for added privacy and curb appeal. Inside, the terrazzo floors are ready to be refinished, bringing timeless charm back to life. The second driveway provides plenty of parking for visitors, and there’s ample attic storage for all your seasonal needs.
Living in Riviera Bay means enjoying community features like the boat ramp, two parks, golf cart parades, the enchanting Christmas Eve boat parade, and streets lined with American flags for the 4th of July and patriotic weekends. Don’t miss your chance to bring your vision to life in this vibrant, welcoming neighborhood. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,000
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 | $255,200 | $255,200 | $255,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,698 | $1,719 | $2,188 |
Total Monthly Payment | $2,223 | $2,244 | $2,713 |
* 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.