Living in a post card just became a reality! This airy coastal 2 bedroom 2 bathroom updated condo located on world famous Anna Maria Island with partial views of the Gulf of Mexico is a slice of paradise just waiting for you. Rarely units come for sale on the water in this community of only 38 units. Enjoy breathtaking sunsets over the water from your private lanai that overlooks the tropical heated pool/hot tub and courtyard. With ceramic tile flooring throughout, 2 skylights, full sized washer and dryer, underground parking plus storage, and an updated kitchen, this condo is move-in ready. The lanai has two entries from both the living room and the master bedroom, giving you easy access to the spectacular views that Anna Maria Island is famous for. Newer air conditioner with a transferable warranty. Now let's talk about the fabulous resort-style amenities. Playa Encantada is the total package with the white sands of the Gulf of Mexico at your fingertips, heated pool, tennis courts, shuffleboard, an elevator, and on-site management. This property is easy to rent and currently has a good list of past renters where you can live part time and rent the rest of the year. Very close to Tampa, St. Pete, and Sarasota makes this waterfront condo super easy to enjoy all the time. With all of this, you'll be telling the truth when you say “I live where you vacation”.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $763 | $763 | $763 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,929 | $4,866 | $6,673 |
Total Monthly Payment | $5,784 | $5,721 | $7,528 |
* 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.