FIXER UPPER! Attention Flippers and Investors. Back on the Market. Priced to sell. A wonderful opportunity to live close to Siesta Key. Fantastic Quiet Cul-de-sac, just off of Stickney Point Road and minutes to Siesta Key. A short drive to Siesta Key Beach, the #1 Beach in the USA. Convenient to shopping, restaurants, "A" rated schools, places of worship and a 15-20 minute drive to Downtown Sarasota to enjoy numerous theaters, Selby Gardens, restaurants and so much more. "A DIAMOND in the ROUGH" this home has much potential. Roof was replaced in 2016 and Impact windows and sliders have been installed. The rooms are oversized with two huge bedrooms. The master closet is 12X10 and the guest closet is 12 X 6, leaving room to expand living space. The Florida Room is 36x15 with 7 sets of Impact sliders. The large two car garage (26x24) has a large work bench area. The pool has been drained for quite some time and would have to be evaluated as to if it can be used or replaced. Home is being sold AS IS.
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$599,000
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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $426 | $426 | $426 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,148 | $3,185 | $4,041 |
Total Monthly Payment | $3,666 | $3,703 | $4,559 |
* 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.