This INCREDIBLY PRICED WATERFRONT PROPERTY presents a unique opportunity to create the waterfront retreat of your dreams. While recently impacted by flooding, this offers a chance to rebuild and restore, crafting a home that reflects your vision. Whether you choose to breathe new life into the existing 1, 370 sq ft home with a thoughtful renovation or embrace a fresh start and design an elevated home that maximizes flood resilience, this location offers endless possibilities. The spacious 12, 300 sq ft lot includes a 22x14 DETACHED, ideal for storage or a workshop. A contract to install a 12, 000 lb boat lift off the CONCRETE SEAWALL is current and transferable. NEW METAL ROOF in 2021. Enjoy boat days with easy access to Lemon Bay and beaches with NO FIXED BRIDGES. Immerse yourself in tranquil CANAL VIEWS and the soothing sounds of waterfront living. Explore world-class fishing spots, pristine beaches, and vibrant waterfront dining. Don’t miss out on this rare find—schedule a viewing today and imagine the possibilities!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$574,900
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 | $459,920 | $459,920 | $459,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $579 | $579 | $579 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,983 | $2,945 | $3,819 |
Total Monthly Payment | $3,654 | $3,616 | $4,490 |
* 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.