Gulf Front "Vintage Florida Cottage" perched on a half an acre, and freshly updated from top to bottom, plus turn-key furnished with everything new! New luxury vinyl waterproof flooring throughout, new kitchen including appliances, cabinetry, countertops, and accessories. Newly updated bathrooms with walk-in showers, shower glass, marble vanities, and more. Roof done in 2021, AC replaced 2020, and new full size washer-dryer. Enjoy endless warm Gulf breezes by day and magnificent sunsets in the evening. The Casey Key residents own their beaches with no public access within miles of this property. Located just south of the historic Blackburn Point "swing bridge" offers easy on and off access to this magical island. Embrace the Island lifestyle, golf cart to nearby marinas, tiki bars, restaurants, grocery store and more. Casey Key, one of the most exclusive barrier islands on the Florida Gulf Coast is just a few minutes to Downtown Sarasota and St Armand's Circle as well as The Island of Venice to the south. Convenient and easy access to I75 and all nearby airports, plus private air travel options are available on The Island of Venice, less than 10 minutes away. The cottage is in excellent condition and would be a great beach house to enjoy the property until you were ready to build; also makes a great rental property. Yes you have found paradise, Come Live on Vacation!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,997,000
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 | $3,197,600 | $3,197,600 | $3,197,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $1,640 | $1,640 | $1,640 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,274 | $20,475 | $28,296 |
Total Monthly Payment | $23,039 | $22,240 | $30,061 |
* 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.