Incredible views of the Rainbow river, majestic oaks and nature from your covered and screened in lanai with phenomenal sunsets! This property boasts almost a 1/2 an acre with 100 foot of water frontage on the river. Just a small kayak ride to the main body of water. Swampy's Bar & Grille restaurant across the street ( a local fave) and crystal clear water embracing all of Floridas natural landscape. This your plan is spacious with oversized living room, overlooking kitchen with staining the appliances and dining area. There are three spacious bedrooms in this home and 2 full baths. Step outside your double sliding door onto the cupboard and screen oversize patio. This area overlooks a spacious large backyard with grilling patio as well. Walk out and across the yard to use the crystal clear water featuring walk on fishing pier and deck perfect for getting on your paddleboard or kayak. Bring the boat if you wish and explore all that rainbow river has in store! This waterfront oasis is currently used as an Airbnb and the guests absolutely love it! The weather you’re buying for a primary or an investment this property is sure to please! 15 minutes from the world of equestrian center and 45 minutes to the gulf coast!! Whether here play or stay…. . this one is worth the visit!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.786% |
Monthly Tax Payment | $779 | $779 | $779 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,358 | $7,171 | $9,834 |
Total Monthly Payment | $8,262 | $8,075 | $10,738 |
* 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.