No minimum rental requirements, no flood insurance required, no HOA, no CDD! Are you searching for an oasis just minutes from the beach? Look no further! Welcome to this gorgeous pool home, offering Florida living at its finest, located just 5 miles from our pristine white sandy beaches. Whether you're looking for a beach getaway, a lucrative investment opportunity, or your very own slice of paradise, this property delivers on all fronts. Currently, the main house operates as a short-term rental, while the in-law suite is leased on a month-to-month basis. The main residence boasts 3 bedrooms and 2 full bathrooms, providing ample space for both family and guests. The open-concept living area exudes a welcoming ambiance, ideal for relaxation and entertaining. Expansive windows allow abundant natural light to pour in, enhancing the home's warmth and charm. Step outside to your private, fenced backyard retreat, complete with a screened lanai, a stunning heated pool, and a serene gazebo—perfect for cooling off, unwinding, or simply soaking up the Florida sunshine. This tranquil outdoor space is truly a standout feature of the property. For added versatility, the property includes a fully equipped in-law suite with its own private entrance and fenced backyard. This self-contained living area features 1 bedroom, 1 bathroom, a cozy living room, and a full kitchen, making it an excellent option for guests, extended family, or even as a potential rental unit. Conveniently located near the beaches, shopping, restaurants, hospitals, etc. This exceptional home offers a rare combination of prime location, luxury living, and income-generating potential. Don't miss out on the opportunity to experience everything this property has to offer—schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
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 | $468 | $468 | $468 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,177 | $5,316 |
Total Monthly Payment | $4,685 | $4,737 | $5,876 |
* 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.