Direct beach front home! The tranquility of island life and the feeling of sand between your toes are part of living on a wide, silky sand Barefoot Beach. The structure is in excellent move-in condition, but more importantly, it is located seaward of all other structures capturing twenty miles of unobstructed beach views from Boca Grande to Manasota Key. Move-in or lease this income-producing property today!! No public beach access adding to your enjoyment, Bring your boat, Airbnb INCOME with this BEACHFRONT TOWNHOME ON DON PEDRO ISLAND with SOARING VIEWS OF THE GULF OF MEXICO ALONG WITH BOAT ACCESS Across the street. Toes in the sand from your back porch and 7 miles of pristine beaches to stroll looking for seashells, sharks teeth & incredible sunsets. Enjoy a few nights yourself and rent out the rest of the year. This 2 bedroom, 2 ½ bath townhome offers new updates throughout including solid wood cabinets, granite counters in the kitchen, hardwood floors in the main living areas and fresh tile at the entryway and into the kitchen. From the upstairs master suite, you’ll appreciate the private balcony offering exclusive sunset showings. The “Colony of Don Pedro”association offers a community pool, tennis court & dockage making this unit ideal for potential investment. Whether the beachgoer, fisherman, or just looking for an island escape…Dolphins, manatees, and sea turtles are frequent visitors, and star gazing is exceptional. You will see shooting stars every night. Let sea breezes sweep your cares away while the sound of waves relax you sleep. Sea turtles build their nests outside, and baby sea turtles hatch before your very eyes. Pelicans soar past your windows while Sea Turns search for nourishment at the water's edge. You are engaged with "Nature at it's Finest". The Benefits of walking out your door directly onto silky sand, collecting seashells, swimming in warm turquoise blue water, and toasting the end of a perfect day as the setting sun paints the sky with vibrant colors are Never Ending! Palm Island is a true, bridgeless, barrier island surrounded by water with a distinct feel of living in the Bahamas. But you are only 800 feet off Florida's West Coast and still in the USA. The island has all essential services including city water, on island Countyl Fire Department with EMS, county police, weekly garbage collection, high speed internet and T. V. , restaurant, gift shop, ice cream/sandwich shop, and open space. Grocery stores, Walmart, and Home Depot are one to five miles away. What the island doesn't have are high rise condos, crowded beaches, congested streets, or crime. Why? Palm Island is the last bridgeless barrier island serviced by two large car ferries which operate every ten minutes from the mainland. Travel time to the island is four minutes. The benefits of a car ferry are that it creates a unique type of "gated" community. There is no place like Palm & Don Pedro island to help you unwind and reconnect with nature in one of the most beautiful settings on earth.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,130,000
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 | $904,000 | $904,000 | $904,000 |
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 | $727 | $727 | $727 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,863 | $5,788 | $7,937 |
Total Monthly Payment | $6,715 | $6,640 | $8,789 |
* 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.