UNIQUE OPPORTUNITY for INVESTORS and VISIONARIES looking for DIRECT Gulf of Mexico access in just minutes! Although the house experienced flooding, it has been professionally remediated, with drywall removed and mold treatment completed. The electrical system includes a new panel, though the HVAC system's (installed in 2022) functionality is unknown due to power not being restored. New Plumbing inside and out as well as Brand New impact glass door sliders in the back.
Many extras include a boat lift and a dock (permitted 2017) for all your boating desires. The current boat on the lift will be removed before closing. Roof is permitted 2015.
The home includes 2 Bedrooms, 1 full Bath, Living room, Family room, Dining room and a large Carport.
The neighborhood is lively, with monthly golf cart parades, popular dining spots, an ice cream shop, and a marina nearby.
This charming property offers the potential to rebuild and enjoy a vibrant waterfront lifestyle within a friendly community. Perfect for those seeking a project or a dream coastal retreat! MINUTES STRAIGHT OUT TO THE GULF OF MEXICO!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$210,000
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 | $168,000 | $168,000 | $168,000 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $295 | $295 | $295 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,132 | $1,117 | $1,417 |
Total Monthly Payment | $1,502 | $1,487 | $1,787 |
* 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.