Welcome to your slice of paradise and coastal retreat! Nestled on a generous corner lot, this beach bungalow residence epitomizes the allure of coastal living, offering unparalleled proximity to the pristine shores of Anna Maria Island Beach and the Gulf of Mexico. Boasting a strategic location on one of the island's most sought-after streets, this expansive property presents a crafted 3-bedroom, 2-bathroom bungalow mere steps away from the renowned Anna Maria Island Beach. Whether you're seeking a permanent residence or an income-generating investment, this adaptable home delivers on both fronts, inviting you to indulge in the peaceful and low-key island lifestyle. Fully furnished to capitalize on immediate income potential, this residence features a bright, airy floor plan designed for effortless living and entertaining. From the welcoming living room to the sunlit dining area and the inviting Florida room, every space carries a sense of coastal charm and relaxation. Laundry facilities, a screened porch, and a sprawling backyard complete with an outdoor shower further enhance the appeal of this seaside retreat. The outdoor oasis is a sanctuary for relaxation and entertainment, offering shade from majestic trees and ample space for gatherings under the Florida sun. Meanwhile, the updated kitchen beckons with its stainless steel appliances, shaker-style cabinets, and butcher block countertops, catering to the needs of both aspiring chefs and casual entertainers alike. Retreat to the master bedroom, where an en-suite bathroom with double sinks awaits, providing the ultimate comfort and convenience. With NO RENTAL RESTRICTIONS, this property presents an exceptional INVESTMENT OPPORTUNITY for an INCOME PRODUCING RENTAL, allowing you to capitalize on the thriving vacation rental market of Anna Maria Island. Conveniently located just 2 miles from the exclusive Key Royale Club and within easy reach of many dining options, this home offers the perfect blend of luxury and convenience. Whether you're seeking a personal haven or a lucrative rental property, 120 Maple Ave promises a lifestyle of coastal sophistication and multiple possibilities. Do not miss your chance to make this beachside retreat your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,799,500
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 | $1,439,600 | $1,439,600 | $1,439,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.989% | 7.102% |
Monthly Tax Payment | $1,449 | $1,449 | $1,449 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,578 | $9,457 | $12,839 |
Total Monthly Payment | $11,152 | $11,031 | $14,413 |
* 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.