Welcome to the epitome of coastal living at 5055 N Beach Rd UNIT 216, Englewood, FL 34223. This charming apartment home boasts a spacious 912 square feet of meticulously designed living space, offering the perfect blend of comfort and style on Second Floor.
Step inside to discover a thoughtfully laid out floor plan featuring 2 bedrooms and 2. 0 bathrooms, providing ample space for both relaxation and entertainment. The interiors are bathed in natural light, creating a warm and inviting atmosphere throughout the home.
The kitchen is a chef's delight, equipped with modern appliances and eating space in the kitchen. The living area is transitioned to extra space for your office desk
One of the exceptional features of this property is the absence of rental restrictions, offering you the flexibility to maximize your investment potential. This apartment is currently an active Airbnb listing and is being sold turnkey, including furnishings and amenities. Few exclusions apply to the sale, ensuring a smooth transition for the new owner.
Situated in a prime location, this condominium at 5055 N Beach Rd UNIT 216 allows for easy access to the best of Englewood. Whether you're looking to explore nearby beaches, indulge in local dining, or enjoy outdoor activities, the possibilities are endless.
Don't miss the opportunity to make this apartment your own, where comfort meets coastal charm. Embrace a lifestyle of relaxation and convenience in this delightful Englewood residence.
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
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 | $104 | $104 | $104 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,794 | $2,791 | $3,601 |
Total Monthly Payment | $2,990 | $2,987 | $3,797 |
* 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.