This charming 2-bedroom, 1. 5-bath mobile home is nestled in a serene 55+ co-op community right on the picturesque Sarasota Bay and just 2 miles from the pristine beaches of Anna Maria Island.
Enjoy the best of Florida living in this home that did not suffer any interior flooding from the recent 2024 storms, The home is ready for the Buyer that has an eye for what can be done to update and refurbish it to make it your own lovely slice of paradise. This is an excellent opportunity to buy it right. Home is offered "AS IS" with right to inspect. Bring your DIY creativity and create your own special dream home.
The Paradise Bay community has so much to offer with an active lifestyle where there is something to appeal to everyone. The community has a sparkling pool and relaxing hot tub, clubhouse, workout room, shuffleboard, bocce ball courts & woodworking shop. Plenty of opportunity to socialize and stay active including music nights by the bay, watching stunning sunsets at the waterside gazebos to golf outings and community lunch and dinner events. Paradise Bay Estates is buzzing with activities. Here, you’ll find a vibrant, fun-loving lifestyle among friends.
Don’t miss your chance to own your slice of paradise—schedule a tour today! ??
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:
$238,500
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 | $190,800 | $190,800 | $190,800 |
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 | $69 | $69 | $69 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,285 | $1,268 | $1,609 |
Total Monthly Payment | $1,429 | $1,412 | $1,753 |
* 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.