Welcome to your charming beach bungalow, ideally situated on nearly 1/2 an acre of land and less than a mile from the beautiful Nokomis Beach, boat launch, North Jetty and Pop’s Sunset Grill! This delightful retreat boasts 2 bedrooms and 1 full bath, with a surprisingly spacious feel thanks to its open floor plan and clever layout. Step inside to discover a generously sized kitchen and a large living room that serves as an ideal space for both relaxation and entertaining guests. Additional features include a large family room that can double as a third bedroom (no closet), an inside utility/laundry room with plenty of space for extra storage, and a convenient shed for housing outdoor essentials. Whether you're hosting a gathering or simply enjoying a quiet evening in, this welcoming home has everything you need for coastal living at its finest. Outside, you'll find plenty of parking space for a boat or RV, making it easy to explore the area's waterways and beyond. The peaceful ambiance of the front porch provides the perfect setting for sipping your morning coffee or unwinding in the evening breeze, while the large, private backyard offers endless opportunities for outdoor enjoyment. Not located in a flood zone or an HOA. ZONED FOR MULTI FAMILY USE - a unique opportunity to possibly build your dream home on this lot and utilize the existing property for rental income. With no rental restrictions, this property presents a fantastic opportunity for those seeking a winter retreat or an investment property with the potential for short-term rentals. Whether you're searching for your own personal getaway or a savvy investment opportunity, this adorable beach bungalow has it all. Don't miss out on the chance to own a piece of paradise in this sought-after coastal community. Schedule your showing today and start living the beach lifestyle you've always dreamed of!
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Our Executive Mortgage Banker:
Our Insurance Division:
$559,900
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 | $447,920 | $447,920 | $447,920 |
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 | $373 | $373 | $373 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,980 | $2,977 | $3,841 |
Total Monthly Payment | $3,445 | $3,442 | $4,306 |
* 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.