Welcome to this charming waterfront coastal cottage, offering stunning views of Gottfried Creek and the surrounding mangroves, and capturing the essence of nostalgic 'Old Florida' living. Delight in breathtaking sunsets and endless stargazing from your private 8500 lb boat lift, with direct access to Lemon Bay and the Gulf of Mexico just minutes away. Perfect for kayaking, birding, and fishing, this home beautifully blends outdoor beauty with cozy, light-filled interiors. The open floor plan features a kitchen with a 'Boos Block' butcher block countertop, seamlessly flowing into the main living area with plantation shutters. Sliding doors lead to a spacious 1000 sq. ft. screened lanai, a second-floor deck, and a paver sun patio, all overlooking the serene creek. The primary bedroom, conveniently located off the main living area, boasts a walk-in closet and lanai access, with a nearby bathroom featuring dual sinks and a walk-in shower. Downstairs, you’ll find a laundry room, office/den, guest bedroom, and additional bathroom. The 860 sq. ft. air-conditioned garage is a hobbyist’s dream, offering ample storage, epoxy floors, and workshop space. Safety and efficiency are paramount throughout the home, with a metal roof, newer gutters and soffits, hurricane shutters, an internet-controlled thermostat, a Schlage smart front door lock, a 5-camera security system with DVR, and a Sony amp with six hard-wired speakers. In 2024, the seller upgraded the first story of the home by removing drywall and installing composite Endura Flood panels. The exterior impresses with a 240 sq. ft. storage shed, outdoor shower, hot tub, additional half-bath, separate fish cleaning hut with boat gear storage, sun patio, fire pit, and a freight elevator. Zoned for up to 5 units an acre, there’s potential to add a guest cottage. Located just 2. 5 miles from Englewood Beach, this home offers easy access to the Intracoastal Waterway, shopping, dining, and more. Rent includes lawn and garbage for $3900/month.
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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 | $3,120 | $3,120 | $3,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $20 | $21 | $26 |
Total Monthly Payment | $95 | $96 | $101 |
* 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.