Price adjustment $40, 000!! Seller's are motivated to move on. Don’t miss out on this hidden jewel – a lovely three-bedroom, ceramic-roofed house nestled within the charming residential neighborhood of Overbrook Gardens in Englewood (southern Sarasota County) on Southwest Florida’s beautiful Gulf coast. The well-designed and maintained home also features a prime location only minutes away from famous Manasota Key with its inland waterway and the alluring Manasota Beach. This home could be “your gateway to enjoying the Florida lifestyle”. Getting to Manasota Beach from 1437 Keyway Road is fast and easy – only about 5 to 10 minutes by car or golf cart. Some residents prefer to cycle, jog or even walk. Manasota Beach is a protected Florida State reserve boasting a long sandy beach caressed by the warm Gulf waters. Enjoy swimming, water sports, fishing, or collecting fossilized sharks teeth and seashells during a relaxing stroll beside the waves. In the evenings, you can savor the spectacular Manasota Beach sunsets – a ritual for many residents. For boating enthusiasts, Manasota Key has a launch area for large boats accessing the intercoastal waterway to Lemon Bay and the Gulf sea. Overbrook Gardens itself offers an extra perk for residents – a conveniently accessible ramp for small boats such as kayaks and canoes.
House Highlights:
As you step inside the main entrance, you'll be greeted by the spacious cathedral-like ceiling of the living room and adjoining dining area – a grand room!. At the end of the living room, the adjoining Lanai is an outdoor retreat for relaxing with the sights and sounds of nature in the spacious backyard . There is plenty of space for future expansion including a pool and more. The house is cleverly designed with two wings on either side of the living room. The master bedroom suite with separate bath and walk-in closet occupies the right wing. The left wing includes two bedrooms with their own unique ambiance and versatility (one can also serve as a home office) and a second bathroom. And the generously proportioned kitchen acts as the heart of the home, offering functionality. The eat-in kitchen area provides a convenient spot for everyday meals. The left wing also boasts a separate laundry room that connects directly to the large garage – with ample space for vehicles, tools, garden and leisure equipment. The garage also has its own side-door and additional attic storage.
Top Location:
Indeed, Englewood’s Overbrook Gardens is the perfect location for enjoying Southwest Florida’s coastal living. A wide choice of shopping, restaurants and leisure activities can be found close by. Four Gulf coast area airports can be easily reached from here: Sarasota (SRG) and Tampa International (TPA) to the north, plus Punta Gorda (PDG) and Fort Myers Southwest Florida International (RSW) to the south. Make this exceptional property your own home soon!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $311,200 | $311,200 | $311,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $350 | $350 | $350 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,941 | $1,891 | $2,459 |
Total Monthly Payment | $2,366 | $2,316 | $2,884 |
* 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.