Under contract-accepting backup offers. Perfectly preserved from an era when homes possessed distinct character, this mid-century charmer with TWO DWELLINGS is ready for a new owner. Featuring impeccable craftsmanship with modern upgrades and a popular location, this home is one of a kind! The MAIN HOUSE consists of 2 bedrooms with a full bathroom and impresses with real wood ceilings, immaculately restored hardwood floors, an updated kitchen, recent central heating/air conditioning system and newly installed tile roof (2021). The covered lanai spans the entire length of the home creating an idyllic setting with additional living and dining areas to relax and entertain. This EXPANSIVE POOL area serves as the heart of the home, fully screened and bridging the gap between the main residence and guest cottage. Fully equipped to accommodate extended stays, this second dwelling presents an ENTICING OPPORTUNITY FOR SHORT-TERM RENTALS or as an IN-LAW SUITE. Inside with over 600 square feet, you’ll find a studio-style open layout with kitchenette, dining space, living and a bed sold TURN-KEY FURNISHED for your convenience and immediate occupancy. This GUEST HOME also boasts it’s own laundry and plenty of storage space. While the buildings themselves exude infinite charm it may be the land that truly captures your heart. Sprawling with canopy trees, towering pines, butterfly attracting flowers and many more native Florida species – this oasis spans OVER ONE ACRE OF LAND, a desirable attribute in a world of diminishing privacy. Build that garden you’ve been dreaming of, have plenty of space to park your RV or boat and with no deed restrictions – feel free to fence the perimeter for children and pets. Additional features to note include the NEW 12x24 storage shed, 2022 water heater, updated electric, new ductwork and more! Though our words and photos do their best to paint the picture – the true magic of this property should be experienced firsthand. Offering CONVENIENT COASTAL ACCESS, you are a short drive to closest boat ramp, a bike ride away from Manasota Key and eligible for private membership to Englewood Gardens Beach Club. Schedule your showing today!
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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 | $479,200 | $479,200 | $479,200 |
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 | $374 | $374 | $374 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,990 | $2,912 | $3,787 |
Total Monthly Payment | $3,456 | $3,378 | $4,253 |
* 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.