Discover the allure of this classic waterfront home, nestled along the serene Anclote River. With its solid concrete block construction, newer windows, roof, and HVAC system, this property offers a sturdy foundation for your dream renovation.
A Prime Location! Situated on a quiet cul-de-sac, this home provides unobstructed access to the Gulf of Mexico. The well-maintained dock invites endless water adventures, from fishing to kayaking. Imagine watching manatees glide by during the winter months or simply relaxing on your private waterfront oasis.
A Timeless Design. The home's striking covered porch, adorned with slate tile flooring, leads to a spacious interior. The thoughtful split floor plan offers a seamless flow between the great room, dining room, and kitchen, each boasting breathtaking panoramic water views. The expansive enclosed patio provides the perfect setting for entertaining guests or unwinding with a good book.
Your Personal Retreat. The primary suite offers a private sanctuary with a large tiled walk-in shower, cedar closet, and recessed lighting. Imagine customizing this space to create your dream retreat. The additional bedrooms, each with ample closet space, and the fully finished bathroom provide comfortable accommodations for family and guests.
Endless Possibilities! The Double 2-car garage, complete with cabinets and a workbench area, offers ample storage space. The recent water impact from Hurricane Helene has presented an opportunity to acquire this million-dollar property at a significantly reduced price. The homeowner has already completed the heavy lifting, removing drywall and protecting the home's essential features.
Your Vision, Your Reality With its prime location, solid construction, and stunning water views, this home is a canvas awaiting your artistic touch. Whether you envision a luxurious family retreat or a lucrative rental property, the potential is limitless. Embrace the opportunity to restore this classic home to its former glory and create a waterfront masterpiece.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $639,920 | $639,920 | $639,920 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $1,356 | $1,356 | $1,356 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,311 | $4,253 | $5,397 |
Total Monthly Payment | $5,759 | $5,701 | $6,845 |
* 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.