NEW PRICE! Urban Living at its Finest! Ignite your senses and immerse yourself in the culture of the area’s premier artist’s community. The Village of the Arts is an internationally known artistic and cultural gathering place where you can both live and work under unique City of Bradenton zoning. Built in 2019, the property features quality construction, impact windows and doors, and two separate spaces. The downstairs features public gallery space that was specifically designed to illuminate your artwork and captivate your audience; an inviting front porch, an ADA half bath, plus extra storage and studio space complete the first level. A dedicated exterior staircase leads up to the screened rear porch and dedicated living quarters. The upstairs is a spacious personal retreat featuring fine finishes and an expansive layout. Soaring 14 ft vaulted ceilings greet you as you enter and your eye immediately draws to the custom hickory cabinetry and Cambria quartz countertops of the kitchen across the room. Towards the front, the private bedroom suite allows respite from the day with a dedicated open balcony, luxury bath, laundry and walk-in closet. There is ample onsite parking, including privacy fenced access to a protected parking pad that can accommodate a large RV or boat. The backyard is surrounded by lush greenery plus an extra storage building and a circular paver entertaining area. The structure was completed by Carlsen Contracting Company and custom designed for an artist’s needs. It is the perfect blend of Florida coastal design and historic Craftsman style. Imagine a stroll to one of the quaint original restaurants for dinner, Ortegia, Birdrock Taco, Arte Cafe, and a nightcap at Cottonmouth or Motorworks, plus dozens of unique shops and galleries to frequent for an always changing selection of creations. Old Main Street is only a few blocks away, as is the Riverwalk and Lecom Ballpark, home of the Pittsburgh Pirates Spring Training. Explore if this one of a kind residence is right for you.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.055% | 6.120% |
Monthly Tax Payment | $579 | $579 | $579 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,416 | $4,353 |
Total Monthly Payment | $4,131 | $4,087 | $5,024 |
* 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.