**Welcome to the Beach** Nestled in a quiet community so close to the beach, this cozy beach residence is in the perfect relaxation spot. Just across the street from Manasota Key’’s largest beach, convenient to restaurants and shopping this beach house offers a way to sit back and enjoy. Enjoy this exodus for the months that you can and rent it out for the ones you cannot use. These units can be rented either weekly or monthly and at a very attractive rate for the owner. Excellent rental history provides positive cash flow, rental management can be provided, and all the annoying details that come with being the owner can be taken care of. Spectacularly decorated in a coastal motif, this inviting, charming home also boasts a new roof, soffits, and facia. Stainless steel appliances in the kitchen add to the modern feel of the home. Updated baths and kitchen are sure to please. Just relax when you are here, as the following is taken care of by the Association: water, sewer, lawn maintenance, internet/tv, insurance for the exterior of the home, and the beautiful community pool. The following upgrades have recently been performed to the common areas. A new electronic entry gate, upgrades to the community center, and new seawalls. If you are lucky enough to be able to spend the entire or most part of the year you will truly become a “beach bum” without a care in the world. The “beach” lifestyle will allow you to wind down and recharge. Don’t wait to schedule an appointment today! Your mind and body will thank you.
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Our Executive Mortgage Banker:
Our Insurance Division:
$519,900
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 | $415,920 | $415,920 | $415,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $510 | $510 | $510 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,767 | $2,764 | $3,566 |
Total Monthly Payment | $3,369 | $3,366 | $4,168 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.