A piece of paradise awaits on the beautiful Peace River! This open floor plan features a gorgeous kitchen with an abundance of custom wood
cabinetry including pantry pullouts, granite countertops, stainless appliances and an amazing double cast iron farm sink. Perfect for entertaining, the kitchen opens to the dining and living spaces with a bar top with room for 6 barstools. Many upgrades include tall ceilings, crown molding, wood-look tile and oversized baseboards throughout. The 4 sets of French doors with built-in blinds lead to front and back covered porches with composite decking and ceiling fans to enjoy your beautiful views. There are both stairs and a ramp up to the living space. The laundry room is large with a counter space and upper and lower cabinetry for more storage. This home is a newer, well built home with triple spray foam insulation for maximum energy efficiency. There is an additional deck space overlooking the river with stairs leading directly down to the river. A new reverse osmosis and water system was recently installed. There is a 50 amp RV hookup with water and sewer. You can park up to 6 vehicles/recreational vehicles under the home. Arcadia is a true hidden gem tucked between several desirable, developing communities with a ton of old Florida charm and history from the historic downtown to the rodeo. You can enjoy endless activities from your backyard from fishing, canoeing, air boating to a short drive to Myakka State Park and top rated beaches. You don't want to miss this one of a kind property!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,900
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 | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.146 | 6.120% |
Monthly Tax Payment | $511 | $511 | $511 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,334 | $2,364 | $3,013 |
Total Monthly Payment | $2,920 | $2,950 | $3,599 |
* 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.