**Back on the Market- Buyers Financing fell through**Welcome to San Remo Shores. . Old Florida Waterfront Living at its FINEST. Located just a very short distance from the beautiful sugary sands & sparkly blue water of the Gulf of Mexico, this 3 bed 2 bath WATERFRONT home sits on a saltwater canal, with (2) lifts that can accommodate (2) 40 ft boats, with deep water all the way out to the Bay and Intracoastal Waterway! A truly livable fixer upper, this home has been meticulously maintained over the years, and has so many great things going for it! Pulling up to the home, you'll notice there's plenty of room for family and friends to park in the spacious circular driveway. Recently painted with a special durable stucco paint, the outside will be easy to maintain. The roof and Ac units were updated within the last 4 years and there are brand new solar panels, that will offer tremendous savings to whomever purchases the property. Most of the exterior windows, and all exterior sliders have been replaced and upgraded to hurricane rated, offering peace of mind to the owners, especially when coupled with the whole home Generac, with propane tank! The kitchen was completely renovated a couple of years ago, and the carpet throughout the home was replaced then as well. Very recently painted all the walls and trim. Someone could easily work on bits and pieces over time, or a do a quick job of bathrooms and flooring. . . turning this property into a great full time residence, second home or vacation rental. There is plenty of room for a pool, as the back yard is quite large. The seawall has been exceptionally well maintained, with liners and tie-backs over the years. All in all, this property has so much potential. . . Don't hesitate on this one, and start building a life you don't need a vacation from, today!!
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Our Executive Mortgage Banker:
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$825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.141% | 6.997% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,447 | $4,391 | $5,840 |
Total Monthly Payment | $4,539 | $4,483 | $5,932 |
* 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.