**This home needs some elbow grease and TLC** This SPACIOUS 2/2 mobile home is located in the beautiful 55+ WATERFRONT CO-OP community of ALAMEDA ISLES. The home has no backyard neighbors and has ample living space, including a pass through kitchen, dining room with built in hutch, and a large living room. The separate laundry room/screen room was damaged in the storms and needs to be rebuilt. Alameda Isles is an ACTIVE RESIDENT-OWNED, 56 acre gated community with a 59 slip MARINA (requires separate lease) offering access to the GULF OF MEXICO (no bridges) and INTER COASTAL! This home is conveniently located near the community CLUB HOUSE which houses a lounge/card room, kitchen, craft room, wifi, and billiard room. If you love the outdoors, you won’t be disappointed! Enjoy kayaking, canoeing, or fishing. Relax by the HEATED POOL overlooking the marina or maybe play some TENNIS, PICKLEBALL, BOCCI BALL, or SHUFFLEBOARD. Other community amenities include: Exercise room with spa, Picnic area, BBQ grills, putting green and practice area, woodworking shop, and RV/Boat storage. For those adventurous types, there are plenty of things to do in and around the area such as Warm Mineral Springs in North Port, Englewood Beach, Little Gasparilla Island, St Armand’s Circle in Sarasota, Downtown Englewood, Punta Gorda, Public Golf Courses, Dining, Shopping.
HOA Benefits Include cable TV/internet, trash, and lawn maintenance. All information assumed to be accurate. Buyer/Buyer’s agent is advised to verify all information.
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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 | $95,204 | $95,204 | $95,204 |
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 | $189 | $189 | $189 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $625 | $633 | $803 |
Total Monthly Payment | $889 | $897 | $1,067 |
* 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.