Located in an X FLOOD ZONE (no flood insurance required!) in the popular feet-in-the-sand beach town of ENGLEWOOD, FL, this SPACIOUS home is waiting for you! There’s plenty of elbow room in this 2300 sq foot single family home, with BOTH a LIVING room AND a FAMILY ROOM, LARGE KITCHEN with EXTENDED stone-top BREAKFAST BAR and DINETTE area that leads to the 13’ x 22’ covered LANAI and POOL area. There’s also plenty of room on the property because there are TWO LOTS included in this sale; the lot behind the home is part of this parcel! You can keep it for privacy or sell that off if you wish. This home offers the luxury of the popular “SPLIT FLOOR PLAN”, with the primary suite on one side of the home and the 2 additional bedrooms and full bathroom on the opposite side. The primary suite, dining room, dinette/kitchen area and second bathroom all lead out to the pool area with a full screen enclosure. The sliding glass door in the kitchen area open the entire wall to the pool! That area also enjoys the start of a vaulted ceiling which extends into the family room area. Every room is expansive in this home, from the interior laundry room (with cabinets, a butler closet and “slop sink”) to the walk-in closets. It’s so open and bright that you don’t even need to turn a light on! The Roof, HVAC, front door and electric roll down hurricane shutters along the lanai are all less than 2 years old. And did we mention X FLOOD ZONE? That means no flood insurance is required so you don’t have that extra expense. This home is not in a deed-restricted community, so you have no additional association fees, and ARE allowed to have a shed to store your extra “stuff”. Located in a beachgoer, boater and sun-lovers’ community, close to the beaches, boat ramps, golf courses, medical offices and shopping. Come see our little piece of paradise today!
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William Raveis Real Estate
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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 | $387,200 | $387,200 | $387,200 |
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 | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $217 | $217 | $217 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,544 | $2,573 | $3,265 |
Total Monthly Payment | $2,836 | $2,865 | $3,557 |
* 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.