Massive $262K Price Reduction. Experience beachfront living with this rare turnkey 0. 34-acre property featuring a 2-bedroom, 1-bath beach
bungalow, perfectly positioned along the Gulf of Mexico. Boasting 99 feet of beach frontage on a . 34-acre lot, this fully furnished gem invites you to embrace the laid-back vibes of MANASOTA KEY. Whether you're in search of a permanent retreat, a coastal winter escape, or an investment in paradise, this property caters to all desires. Just steps from your door, the beach awaits where you’ll enjoy burying your toes in the sand, relaxing beach walks, catching glimpses of playful dolphins, and savoring sunsets over the Gulf from your own backyard. Situated in Pelican Shores West, with NO deed or rental restrictions and offering an OPTIONAL $200. 00 HOA, this beachside haven comes with the added perk of access to a deeded boat dock on LEMON BAY with Gulf access (no overnight parking). Airbnb income potential exceeds $120, 000 annually with bookings secured through 2024. Seize this rare opportunity – contact us now for your exclusive tour. Paradise awaits! A survey is available upon request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,698,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,358,400 | $1,358,400 | $1,358,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $1,231 | $1,231 | $1,231 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,152 | $9,037 | $12,115 |
Total Monthly Payment | $10,508 | $10,393 | $13,471 |
* 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.