Motivated seller, recent price improvement. This home has one of a kind amenities, such as the property is eligible to belong to the Englewood Gardens Beach Club, beach front property and club house. There is a waiting list. Dues are very in expensive. This lovely home is Still in Move In Condition! No damage has been sustained from the past or current weather events. No wind issues no flood issues. This hidden gem has 4 bedrooms, 3 bathrooms with contractor built tile design, granite counters, double head showers, a Murphy bed and some unique builder detail. The laundry room is equipped with the washer & dryer already installed. Walk out to the screened lanai to the Tiki bar with 2 refrigerators, a Pool with Spa area and an outside block Fire pit. Need storage?? This property has it. Work on your car collection, toys, art studio, equipment or whatever floats your boat in the huge 40X32 metal building, the 10, 000lbs car/truck lift stays, 1340sq ft of space inside garage. Another important benefit is the 32x12, 2nd garage!! Located on sought after Bayshore Drive, flood zone is X. Only blocks (4. 9 mi) from historic Dearborn Street with a variety of local restaurants, music, night life, farmers markets, concerts, car shows, holidays, and special events. Wellen Park and CoolToday Park (Braves Spring Training) less than 10 miles away. Bicycle ride to Englewood and Manasota Beaches and put the sand between your toes. Boat ramps and marina's nearby. The roof was installed in 2017, pool resurfaced 2024. Move in ready. No HOA!
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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 | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $279 | $279 | $279 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,991 | $3,941 | $5,059 |
Total Monthly Payment | $4,362 | $4,312 | $5,430 |
* 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.