Under contract-accepting backup offers. FIXER UPPER! BRING ALL OFFERS! HURRICANE HELENE DAMAGED! SOLD AS IS NO DISCLOSURES! 2 bedroom/ 1 bathroom mobile home in Cortez Park, a 5+ acre 55+ co-op located on the Intracoastal Waterway on Sarasota Bay. This unit has a large living room, a good sized kitchen with eating area, and a large family room. Storage shed in the back for all your big items. Cortez Park rests on the west side of Cortez, a small historic (but still working) fishing village. This is a small park with a very active social agenda, offering group dinners, potlucks, waterfront parties, off-site trips, cards, shuffleboard and much more. Wonderful location for year-round or seasonal living. Pet friendly (up to 35lb). It is only a short walk or bike ride across the bridge to Anna Maria Island's beautiful, white powdery sand beaches, unique shops and great restaurants. The laid back lifestyle is perfect for that retirement or vacation home you have always dreamed of but felt you couldn't afford. Cortez Park also offers many amenities that compliment this lifestyle. There is an on-site marina and dive shop with boat rentals, bait, tackle and inshore and offshore fishing charters. . . . or just bring your own pole and fish from the private dock and seawall. If yo own a boat, there is a private on-site boat ramp and boat rental water slips the almost 500 feet of waterfront is enjoyed by all. You can just relax and enjoy passing boats, dolphins and manatees or you can meet up to watch a sunset. NOW is the time to purchase your perfect retirement home in what residents call PARADISE. FLOOD ZONE AND HAS FLOODED FROM HURRICANE HELENE
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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 | $63,600 | $63,600 | $63,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.146% | 6.256% |
Monthly Tax Payment | $76 | $76 | $76 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $413 | $423 | $536 |
Total Monthly Payment | $564 | $574 | $687 |
* 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.