CALLING ALL NATURE LOVERS! Here is your opportunity to own a piece of Old Florida paradise and enjoy the RIVER LIFE! This handsome Victorian Bungalow was CUSTOM BUILT in 1995 and it is located in the small, hideaway community of INDIAN BOW RETREATS, which provides you with deeded BOAT ACCESS to the WITHLACOOCHEE RIVER. Bring the boat, kayak, or canoe and your fishing rods, too! The PRIMARY HOME has so much CHARACTER inside and out, including a stunning WRAP AROUND PORCH, open air deck, LEADED GLASS DOORS, freestanding PROPANE FIREPLACES, and a FLORIDA ROOM that will entice you to spend most of your time there enjoying the wondrous view of the backyard. The . 77 ACRE parcel is gorgeously studded with mature trees, bromeliads, and other flowering plants in the LANDSCAPING. The backyard neighbor is a wooded parcel that is home to tons of woodland creatures who live among the canopy of trees. You never know when a deer, fox, or raccoon may stop by to visit! There is plenty of BIRD WATCHING to be done as well, and the symphony of frogs and crickets will let you know when the sun is getting ready to set each day. If you’re an auto enthusiast or you have other land toys, there is room for those here, too! There is a 28x23 STEEL GARAGE with split roll-up doors and a double concrete driveway, and there are 3 other paved parking spaces under CARPORTS, as well. The SECONDARY HOME (ADU) interior has been completely gutted, so it is currently available for use as ADDITIONAL STORAGE/WORKSHOP space. However, there is TREMENDOUS POTENTIAL to build out the home to serve as a BONUS RESIDENCE (1 Bath Studio Apartment) to allow for a MULTI-GENERATIONAL living or perhaps rental income. This RETREAT ON THE RIVER has so much to offer. Whether you’re looking for a PEACEFUL homestead, RELAXING vacation home, or a GOOD RETURN on investment, this dynamic property can satisfy it all! Call today to claim your piece of paradise at INDIAN BOW!
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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 | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $86 | $86 | $86 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,943 | $1,967 | $2,504 |
Total Monthly Payment | $2,104 | $2,128 | $2,665 |
* 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.