BOATING LOVERS ALERT! SAILBOAT WATER. CANAL FRONT. DIRECT ACCESS TO SARASOTA BAY. HOUSE STOOD-UP WELL AGAINST HURRICANCES DEBBY, HELENE, & MILTON. NO DAMAGE WHATSOEVER. AMAZING, NEW CONCRETE FORTIFIED SEAWALL, NEW BOAT LIFT, DOCK & DECK. Property is a part of the Bayshore Gardens Park & Recreational District. Special Association fees are included with the annual property taxes. Check out their detailed website. You are only a few short minutes to the open waters of Sarasota Bay with easy access to the Gulf. No bridges to hinder your sail through Big Pass. Many improvements in past 4 years. Roof, A/C, kitchen appliances, washer, dryer, new copper water pipes, dock and much more. The Big, Expensive items are finished. Some additional work required to make this a cozy home. Presently it is home to a Tartan 34, a Maverick fishing boat (presently stored in the carport), a sunfish, several kayaks & canoes. Newly built covered bar/counter at dockside is equipped with power & provides a convenient spot to clean fish; or a fun place to enjoy a snack & libation. AE flood zone. Cinderblock house sits high & dry. Quiet, tucked away neighborhood. Close to Sarasota-Bradenton International Airport, SCF, New College, USF, IMG Academy, Ringling School of Art & Design, Ringling Museum, Asolo Repertory Theatre, and downtown Sarasota offering many fine shops, eateries and entertainment. Magnificent waterfront homes grace the area across the street. Plenty of friendly boat lovers live here. Want a bigger home? Expand this one by adding to it. If you want sailboat water, give this location serious consideration (they aren't making any more of it), don't omit this mainland location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$638,000
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 | $510,400 | $510,400 | $510,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $398 | $398 | $398 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,396 | $3,392 | $4,304 |
Total Monthly Payment | $3,886 | $3,882 | $4,794 |
* 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.