Rental projections attached and are coming in at $250, 000. 00 range. One house from the Anna Maria beach . Feels like a brand new home. Welcome to your dream coastal retreat at 523 Spring Ave, Anna Maria, FL. This newly built (2021) residence boasts 3 bedrooms and a den/gym area and 3. 5 bathrooms, offering a perfect blend of luxury and comfort. The property sits on a spacious 7540 SQF lot, providing ample space for relaxation and outdoor activities. This location is so key: Walk a few steps to the Beach, AMI city Pier, Water Front Restaurant, 1 scoops, shops, watch a dolphin on the pier or fish or visit The new Mote Marine Museum on the Pier or take the trolley to any where else you want to go on the island. . LOCATION< LOCATION >LOCATION.
Step inside to discover a meticulously designed interior with top-notch upgrades. The kitchen is a chef's delight, equipped with modern Wolf stainless appliances and stylish finishes- Upgrades You normally do not see in this price point. The open floor plan seamlessly connects the living and dining areas, creating an ideal space for entertaining.
Private 2 car over sized garage.
The highlight of this property is the private oasis in the backyard—a heated pool and spa, & covered patio areas perfect for year-round enjoyment. Whether you're hosting gatherings or seeking a peaceful retreat, this outdoor space is sure to impress.
Convenience meets luxury with a 2-car garage, ensuring ample parking and storage space. Additionally, the prime location offers the convenience of being only a few steps away from the pristine beaches of Anna Maria Island and other area Restaurants, shops and the Anna Maria city pier.
Don't miss the opportunity to make this coastal paradise your own. Schedule a showing today and experience the epitome of island living!
Included features : Engineered hardwood flooring through out the home. Private elevator, Custom front door, All Hurricane windows and door through out. Heated Saltwater pool and spa with a new Haywood gas heater and auto filler salt system & Remote. Whole house generator dedicated electric panel and sub panel circuit breaker box, Travertine flooring under covered patio and in work out room and along edge of pool and spa. Wolf and Sub- Zero kitchen appliances, in ground 500 gallon propane for heating hot water, pool and spa and stovetop. Large capacity whirlpool washer & Dryer. Three covered decks with lighting, Fans in all rooms and 2 covered back decks, two walk in ELFA clostes and a large 2 car garage with storage. Foundation raised by an extra foot when it was built. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,320,000 | $2,320,000 | $2,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.825% | 6.864% | 6.956% |
Monthly Tax Payment | $2,389 | $2,389 | $2,389 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,630 | $15,047 | $20,530 |
Total Monthly Payment | $18,144 | $17,561 | $23,044 |
* 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.