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Burnt Store Marina rental options are becoming increasingly limited so why not buy this one instead and use the property whenever you want? Or if you’re looking for rental income, this is ready to go. Tastefully turnkey furnished with soothing paint colors make it an attractive package at a low entry price. It’s located in one of the only communities that allows short-term rentals so you can have year-round income when visitors want a short stay instead of a 30 day commitment. And people love staying at Harbor Towers because it’s situated at the Marina’s edge with direct access to a great walking path around the waterfront. Enjoy morning walks as the Marina comes to life and see manatees and dolphins along your stroll. You’ll also enjoy a great community pool and spa and loads of fun neighbors. This first floor unit is just a few steps from the pool without waiting for the elevator and features an outdoor lanai shielded by shrubs where you can enjoy a nice meal outside. Inside, 2 Bedrooms and 2 baths are on opposite sides for privacy and the owner’s bath is ensuite with a large walk-in closet. Wonderful updates include diamond-set tile in living room and kitchen, new lights, fixtures and ceiling fans, stone counters in the kitchen and owner’s bath, raised panel cabinets, stainless appliances and a practical center island to expand your space for meal prep. The washer and dryer are inside the unit and extra locked storage is provided along the hallway outside. This clean and neat condo is a comfortable second home, potential rental investment or convenient overflow home when guests come to town. If you’re tired of cold winters, this is waiting for you!
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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 | $238,400 | $238,400 | $238,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $245 | $245 | $245 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,566 | $1,566 | $1,996 |
Total Monthly Payment | $1,886 | $1,886 | $2,316 |
* 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.