Waterfront Opportunity on Alafia River Canal – A Renovator’s Dream Situated in a prime location, this waterfront property along the Alafia River Canal offers endless potential. If you’re dreaming of transforming a space into a stunning home designed for year-round vacation living, look no further. Positioned on a tranquil dead-end road with minimal traffic, this property promises a peaceful yet adventurous lifestyle. Embrace the joy of watching the scenic Christmas lighted boat parade right from the comfort of your home. With convenient access to the bay within 20-30 minutes by boat, the world is your oyster. This home is a haven for outdoor enthusiasts—bring your jet skis, boats, and kayaks to indulge in the best water recreation available. Located close to local restaurants, nightclubs, and a variety of recreational activities along the Alafia River, everything you need for a vibrant lifestyle is at your fingertips. Whether you plan to restore, renovate, or completely reinvent, this property, don’t miss this rare opportunity to own a piece of waterfront paradise, ideal for those who envision a life filled with adventure and tranquility. Turn your dream into a REALITY!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$250,000
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 | $200,000 | $200,000 | $200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | $162 | $162 | $162 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,331 | $1,329 | $1,687 |
Total Monthly Payment | $1,568 | $1,566 | $1,924 |
* 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.