Welcome to your enchanting beach sanctuary, perfectly nestled on the picturesque Manasota Key! This exquisitely renovated home offers two delightful units: a spacious 2-bedroom, 1-bathroom unit and a cozy 1-bedroom, 1-bathroom unit. Each unit radiates modern comforts, stylish decor, and a warm, inviting ambiance, making it an ideal haven for vacationers or a lucrative investment opportunity. Though currently split into two units, this versatile home can easily be transformed back into a single-family residence to suit your needs.
Just a leisurely stroll from the breathtaking Stump Pass Beach, with two additional beach access points nearby, this location is a dream come true. Imagine bike rides to charming local restaurants, boat rentals, shopping, and sun-soaked beaches. The property boasts a stellar rental history, with full bookings throughout the winter season ensuring a reliable income stream. Both units have been lovingly renovated with elegant finishes, modern appliances, and comfortable living spaces. This turnkey treasure comes fully furnished and ready for immediate occupancy or rental.
The possibilities here are endless. Stump Pass Beach Park at the southern end of Manasota Key is perfect for hiking, picnicking, and wildlife-sighting explorations. For those seeking expert guidance to uncover hidden wildlife gems, numerous tour companies offer guided paddleboard or kayak excursions, allowing you to explore the vibrant sea floor up close. If your idea of beachside relaxation includes more than just tranquil hikes or leisurely naps on a beach towel, you'll find plenty of activities to keep you entertained. Plus, Stumpy's offers golf cart services to pick you up and take you home, adding to the convenience and charm of this location. If you're looking to embrace the perfect Florida lifestyle, this is your golden opportunity.
Whether you seek a delightful vacation retreat or a prime investment property with exceptional rental potential, this Manasota Key home offers it all. Don’t miss your chance to own a slice of paradise in this coveted beach community! Contact us today to schedule a viewing and make this extraordinary property yours!
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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 | $607,200 | $607,200 | $607,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $469 | $469 | $469 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,689 | $3,637 | $4,799 |
Total Monthly Payment | $4,250 | $4,198 | $5,360 |
* 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.