Welcome to Paradise Bay - Your Serene Waterfront Retreat Awaits!
Embrace the allure of Paradise Bay, an exclusive 55+ Mobile Home Community nestled gracefully along the picturesque Sarasota Bay. This vibrant and active waterfront haven promises a lifestyle of tranquility and indulgence, offering an array of enticing amenities for your pleasure.
Dive into a world of leisure with our heated pool and spa, enjoy friendly competition at the shuffleboard, pickleball, and bocce ball courts, and relish the camaraderie in our well-appointed clubhouse. Stay active at the fitness center, escape into the pages of a novel at the library, or indulge your creative side at our community woodworking shop. For boating enthusiasts, our marina awaits, accessible based on availability and an additional fee. Experience the joy of navigating the stunning waters of Sarasota Bay. Situated merely a mile away from the charming and historic fishing town of Cortez, immerse yourself in the local charm and heritage. Additionally, the sun-soaked sandy beaches of Anna Maria Island are a mere two miles away, inviting you to bask in the sun and surf. Your new abode, a 2-bedroom, 1. 5-bath home, welcomes you with open arms. Relax on the delightful front porch, host gatherings on the back patio, and revel in the convenience of ample parking. Step into a kitchen and dining area that pays homage to the elegance of Mid-Century living, boasting original features that echo the past while embracing the present. While retaining its vintage charm, this home has been thoughtfully updated over the years, ensuring your comfort and convenience in every corner.
Don't miss this chance to own your own piece of paradise in the heart of this exclusive community. Make Paradise Bay your home and relish the coastal lifestyle you've always dreamed of. Schedule your visit today and step into a world where tranquility meets indulgence!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$149,900
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 | $119,920 | $119,920 | $119,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.171% | 6.538% |
Monthly Tax Payment | $68 | $68 | $68 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $808 | $797 | $1,028 |
Total Monthly Payment | $951 | $940 | $1,171 |
* 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.