According to analysts, home prices will increase in 2025 and with dropping interest rates maybe you ought to schedule a showing today of this promising property before you tell yourselves, "Shoulda', coulda', woulda'. . . "
About the property:
•Although the "Actual Year Built" was 1973, the "Effective Year Built" is 2003 which is the estimated age of the property based on its current condition, including renovations, updates, wear, and tear.
•This TURN-KEY home comes fully furnished as shown in the photos including the Golf Cart and:
- A NEW METAL ROOF was installed in February 2024.
- Both bedrooms with a private bathroom. The master includes a tiled shower, bathtub, and plenty of storage cabinet space.
- A screened-in porch measuring approximately 13x11.
- A 10x11 utility room houses the washer, dryer, and water heater, provides tons of storage space, and the bicycle is also included in the sale.
- Park your car under the carport which measures approximately 12x13.
•About the Sunset Palms:
- Although the community is intended and operated for occupancy by persons fifty-five (55) years of age and older, occupants who are at least forty (40) years of age are also allowed as long as the main occupant/owner is 55 years of age or older.
- Children: If a child is born to, adopted by, or becomes a legal ward of a Resident, and the Board is informed, the Board of Directors will then, with written permission, allow the child to remain in the community for a period not exceeding six (6) months from the date of birth, adoption or custody.
- Pets: Although a no pet policy is in place, Service and Support Animas are the exception as defined in the American Disabilities Act, the Fair Housing Act & Florida Statutes Chapter 760.
- Sunset Palms is the perfect place to be your “home away from home” each year as it is located just 10 miles from the fine sandy beaches of Indian Shores and Madeira on the Gulf of Mexico; 2 short miles to Sawgrass Lake Park, and within steps from public transportation, retail, and restaurants.
•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.
•Measurements including square footage are an approximation. Buyers are encouraged to independently verify all information herein.
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:
$159,000
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 | $127,200 | $127,200 | $127,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $177 | $177 | $177 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $857 | $845 | $1,073 |
Total Monthly Payment | $1,109 | $1,097 | $1,325 |
* 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.