As the old adage goes: Location, Location, Location! Staying high and dry through both Helene and Milton, this majestic, direct Riverfront property is for sale for the first time in over 70 years. Situated on 11, 500 with over 98’ of River frontage, this property is prime for redevelopment or an extended renovation. With no bridge obstructions, you’re just minutes from the Gulf of Mexico, boaters will revel in the opportunity to step out their backdoor and enjoy Manatee County waterways and beyond! The 1950’s built Colonial home and pool, complete with original brick masonry sustained no structural damage from the recent storms and surge waters stayed below the elevated level of the home. Exuding classical charm rare to find, the home will require significant renovation but offers a glimpse of the wide-open water views and potential of the property to boast your own coastal oasis. Offering easy access to Downtown Bradenton, St. Stephen’s School, IMG Academy and the incredible Gulf beaches, 2716 Riverview is close to it all, yet offers its next owner a private setting to enjoy all that comes with riverfront living!
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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** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $720 | $720 | $720 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,171 | $6,987 | $9,680 |
Total Monthly Payment | $8,016 | $7,832 | $10,525 |
* 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.