Under contract-accepting backup offers. This unique property, sprawling across TWO LOTS on nearly an acre of land, offers exceptional potential. The home is nestled on one lot, while the adjacent lot presents a prime opportunity for building. Enjoy the privacy and tranquility of a cul-de-sac location as you explore the potential of this eclectic gem brimming with character.
The home's inviting curb appeal features a classic PAVER DRIVEWAY that winds through a lush, tropical landscape adorned with butterfly-attracting blooms. A pergola graces the entrance, promising tranquility within.
Step inside to discover soaring VAULTED CEILINGS and a cozy STONE AND WOOD FIREPLACE that creates an inviting atmosphere. Tile floors flow seamlessly throughout, complemented by ceiling fans in every room. The SPLIT FLOOR PLAN offers privacy, while crown molding adds an elegant touch. Abundant NATURAL LIGHT streams through newer windows, illuminating the spacious living areas.
The kitchen boasts ample CORIAN COUNTERTOPS, beautiful wood cabinets, and clever built-in storage solutions. STAINED GLASS CABINET DOORS add a unique charm, and a BREAKFAST BAR provides casual dining space.
The master bedroom is a peaceful retreat, complete with an en suite bathroom and French doors leading to the backyard. The second bedroom is incredibly versatile, offering ample BUILT-IN STORAGE and the potential to be transformed into a home office or library.
Escape to the screened-in patio, your gateway to an OUTDOOR WONDERLAND. An open-air deck beckons relaxation, while an observatory deck invites stargazing. Explore winding walking paths that meander through the property, surrounded by pollinating plants that support local ecosystems. A charming bridge adds a touch of whimsy.
Peace of mind comes with recent updates, including a NEW ROOF in 2022, a NEWER AC, a WATER HEATER replaced 2. 5 years ago, and a NEW ELECTRICAL PANEL. Hurricane protection for all windows and doors provides added security.
Located in the highly sought-after area of Old Englewood, this exceptional property is just steps from historic Dearborn Street. Enjoy easy access to Lemon Bay Park, a variety of restaurants, shops, and pristine beaches.
Don't miss this rare opportunity to own a piece of PARADISE!
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$499,000
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 | $399,200 | $399,200 | $399,200 |
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 | $236 | $236 | $236 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,426 | $2,391 | $3,155 |
Total Monthly Payment | $2,737 | $2,702 | $3,466 |
* 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.