short stories: . . . Prime canalfront Property on Longboat Key---Endless Potential!!! The choice is yours with this unique 3 bedroom 2 bath home located on a beautiful canal. Situated on a spacious lot with easy access to the Intracoastal Waterway, this property offers the perfect opportunity to renovate or rebuild your dream home. Whether you are looking to restore the existing structure following storm damage or tear it down and start fresh, the possibilities are endless. The open concept kitchen and living area provide an inviting space to entertain with stunning views of the canal. Outside, you will find a salt water pool, ideal for relaxing or enjoying the serene waterfront lifestyle. The property's prime location allows for quick access to the water way, making it a boater's paradise. With exceptional potential to create your perfect home, this property is a rare find on Longboat Key. Don't miss out on this incredible opportunity to own a piece of paradise!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,297,111
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 | $1,037,689 | $1,037,689 | $1,037,689 |
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 | 7.532% | 6.723% | 6.806% |
Monthly Tax Payment | $1,229 | $1,229 | $1,229 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,730 | $6,644 | $9,111 |
Total Monthly Payment | $8,084 | $7,998 | $10,465 |
* 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.