Escape to Flamingo Cay and start enjoying the Florida lifestyle found here in this sought after canal community! Located just a few miles from Anna Maria Island, the location of this updated, move in ready, 2bd/2ba home with 1 car garage is one of the best on the canal. Just minutes by car or boat to waterfront dining or gorgeous Gulf beaches. You can stroll, kayak or paddleboard to nearby Robinson Preserve. Have your boat on plane in just a few seconds with no humpback bridges to contend with! Many upgrades have been done throughout the home and a new dock was done in 2021. Kayak lift/launch is also a nice perk. Open floor plan, Florida room and screened enclosed deck overlooking the water. Sit back and enjoy watching dolphins, manatee or many species of birds at play. Flamingo Cay's beautiful location offers sheltered waterfront living and the charm of island living without being on the island. This lot has a serene setting with trees across the canal and just a few homes away from the deep waters of Palma Sola Bay. Come discover this boating and fishing paradise and see why everyone that lives here loves to call Flamingo Cay home! There's a VOLUNTARY hoa and buyers are always encouraged to have attorney review of docs for their intended uses.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,000
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 | $599,200 | $599,200 | $599,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.042% | 6.276% |
Monthly Tax Payment | $217 | $217 | $217 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,037 | $3,936 | $5,053 |
Total Monthly Payment | $4,346 | $4,245 | $5,362 |
* 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.