According to analysts, home prices will increase in 2025 and interest rates will drop so maybe you ought to schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
About the property:
•Annual Duck Key Owners' Association fee is just $661!
•On a CUL-DE-SAC you will find this WATERFRONT home built on one of the best (if not THE best) homesite in North Port’s Duck Key, with direct access to Myakka River and the Gulf of Mexico.
•Although the "Actual Year Built" was 2002, the "Effective Year Built" is 2019 which is the estimated age of the property based on its current condition, including renovations, updates, wear, and tear.
•Fully renovated in 2022 and 2023 with the following beneficial features especially for boat lovers…
Let’s begin with the outdoors that not only offers a perfectly manicured lawn, pavers, a very spacious patio approximately 933sf, screened-in lanai with a 6ft deep pool, and some of the most striking sunset views…but also a boater’s paradise:
- 195 Feet of deep waterfront.
- An impressive masonry-built Deck 502sf.
- Boat Dock 180sf.
- Floating Dock.
- Foot Bridge.
- 9, 000LB Lift with electricity.
- Riprap Seawall.
The home itself has all the necessary elements to entertain large or small groups of friends and family:
- Impact Resistant Windows and Impact Resistant Glass Sliding Doors; SURROUND SOUND SPEAKERS in the kitchen, living & dining rooms; inside laundry room with a full-size stackable washer and dryer, storage cabinets, and attic access; ceramic tile flooring throughout the home and energy efficient ceiling fans in nearly every room.
- Well maintained and clean as a whistle attached 2 car garage with automatic remote door opener.
- Open and split floorplan with high ceilings and maximum privacy for the master and two guest bedrooms.
- The spacious living room includes the mounted television and entertainment set seen in the photos which convey with the sale.
- The well-lit dining area offers a spacious area for a formal dining table, as well as impact resistant glass sliding doors leading to your backyard oasis.
- The FULLY RENOVATED kitchen includes new granite countertops and includes all appliances: refrigerator, mounted microwave, convection oven and glass-top stove; garbage disposal, a pantry, two breakfast bars, plenty of counter space and tons of cabinets that include crown molding.
- Relax in your master suite with splendid sunset views or step out into the lanai through your own impact glass sliding doors. The master features a deep walk-in closet, en suite bathroom with dual sinks and a walk-in shower with a privacy wall.
- Guest bedrooms are spacious, include built-in closets, and located by the tastefully renovated guest bathroom featuring a fully tiled walk-in shower with glass doors, a medicine cabinet, single sink on granite counter topped storage cabinets.
- Under 1 mile to Tamiami Trl/US 41, bus stop, restaurants, retail, La Brea Park, 9 miles to Camp Venice, 5 miles to Deer Prairie Creek Kayak Launch, or sail from your own backyard to the Myakka River and the Gulf.
•Properties like this are a dream for many so take action now instead of listening to fear mongering hype because Florida's real estate market is on a continuous upswing with no downward shift in sight.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$729,000
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 | $583,200 | $583,200 | $583,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $566 | $566 | $566 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,831 | $3,876 | $4,918 |
Total Monthly Payment | $4,489 | $4,534 | $5,576 |
* 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.