Welcome to Casey Key! Home that is still on site took about 1 foot of water inside for the first time in the 47 years that this home has been in their family. Approximately 1/3 of an acre directly on the Intracoastal waterway with a deeded beach access directly across the street. Walking distance to the North Jetty as well as to the Nokomis public beach as well as to the Albee bridge to reach the restaurants on the other side of the Intracoastal. A short 10 minute drive to Venice Island with all of the cute shops and quaint restaurants that it has to enjoy. Public electric, water and internet/cable on site and septic for sewer. Many homes around it are 3 story homes on similar sized lots for someone who would like to bulldoze and build new! Being marketed on the residential MLS also as house can easily be mitigated as well.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,125,000
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 | $1,700,000 | $1,700,000 | $1,700,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,310 | $10,885 | $15,043 |
Total Monthly Payment | $11,435 | $11,010 | $15,168 |
* 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.