BEACH BUNGALOW-PEFECT GET-AWAY OR INVESTMENT PROPERTY THAT ALLOWS NIGHTLY RENTALS-SOLD TURNKEY! This updated Key West style cottage has an on-site property management company that takes care of everything, producing positive cash flow- after all operating costs. Relax on the elevated porch while taking in the glorious breezes from the beach and surrounded by floral aromas. As you enter, the side window showcases the pool and bay view with multiple windows bringing in plenty of light. After a day at the beach across the street relax on the new high end Queen Sofa couch with memory foam that allows you to accommodate four guests. Enjoy work & play with long range WIFI access points in the bungalow. The upgrades include living room wood extendable coffee table, dining table set, bedroom set with luxury mattress, wall built-in buffet unit with two new smart Roku TV's, cooling systems, newer kitchen, outside storage shed and Coastal Decor adding to the ambiance of this perfect beach oasis. Steps away from the beautiful heated pool and Tradewinds fishing pier there is always plenty to do. The private access to the Gulf provides lounge chairs, umbrellas & towels also the sister hotel Tortuga has a center building pool and boat slips in the back that Tradewinds guests can utilize. This unit has an Open Floor plan with an updated kitchen with range, oven, microwave, refrigerator, dishwasher and stocked with everything you will need. The custom cabinetry enhances the quartz countertops and provides plenty of storage space. The bedroom is cozy and has a sizable walk-in closet. The bathroom has a quartz countertop and a decorative molding shower top and tub. They built an owner's storage unit in the back to keep your belongings for when you use the unit. On-site coin operated laundry for owner's to use for convenience while there, as well as housekeeping after each guest checks out paid by guests. Enjoy all that the island has available with nearby free trolley service that travels up & down the island. The flexible nightly, weekly or monthly stays allow you to gain income when you are not utilizing the unit as an owner. One of the few hotels that allows pets- bring the entire family along. The island has come back in many areas after the storms and this unit was one that was not flooded. Tradewinds is a world famous Beach-to-bay Condo/Hotel across from the pristine sandy beaches of Anna Maria Island with nearby shopping, galleries, and restaurants- YOU WON'T WANT TO LEAVE!
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William Raveis Mortgage, LLC
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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 | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $410 | $410 | $410 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,075 | $2,101 | $2,662 |
Total Monthly Payment | $2,560 | $2,586 | $3,147 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.