THIS HOME IS A HURRICANE SURVIVOR! PER OWNER, NO DAMAGES AND NO WATER INTRUSION. Welcome to your next lucrative investment opportunity in Rotonda West! Nestled within a meticulously maintained HOA community, this charming duplex offers an opportunity to add 2 MORE TRIPLEXES or 3 MORE DUPLEXES to build your steady and stable income! This lot has the potential to add up to 9 MORE UNITS based on the current unit size, please see attachment. Each unit features 2 bedrooms and 2 bathrooms, GRANITE KITCHEN COUNTERS and a private SCREENED BACK PORCH overlooking the expansive yard space or room to expand, ideal for creating the serene Florida lifestyle for your future tenants! Ask us about the rental history and info.
With its prime location in Rotonda West, you are about 15 minutes from Manasota Key and 20 minutes away from Boca Grande to enjoy easy access to the beach. You are close to 776 with a variety of dining and plenty of food options to choose from! This duplex presents an enticing income opportunity for investors seeking both beauty and profitability. Don't miss your chance to capitalize on this gem in one of Florida's most coveted communities – schedule your showing today before this opportunity slips away!
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:
$450,000
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 | $360,000 | $360,000 | $360,000 |
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 | $535 | $535 | $535 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,393 | $3,036 |
Total Monthly Payment | $3,035 | $3,003 | $3,646 |
* 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.