Discover your own piece of PARADISE on Anna Maria Island's North end with this stunning Custom Elevated-Built WATERFRONT home. Perfectly situated for easy access to Anna Maria Pier, pristine beaches, waterfront dining, and Pine Avenue's shopping delights, this home offers unparalleled convenience and BREATHTAKING VIEWS! Indulge in culinary delights in the gourmet kitchen featuring two expansive islands, amazing quartz countertops, and top-of-the-line appliances. With five spacious bedrooms, including 4 with private bathrooms, multiple living areas, and a bonus loft, this home offers ample space for RELAXATION and entertaining. Dive into LUXURY with a heated saltwater pool and enjoy boating adventures with the boat dock and lift on the canal. Eco-friendly features such as a rainwater cistern system and energy-efficient elements ensure sustainable living. Additional perks include an elevator servicing all floors, and dual garages with storage. With over $100k in vacation rental income and potential to exceed $200k annually, this turn-key ready home offers both a LUXURIOUS LIFESTYLE and investment opportunity. All furnishings are included, making it truly turnkey. This home, with a grandfathered clause allowing accommodation for up to 12 people instead of the current 8 person max capacity, presents an ideal VACATION GETAWAY with substantial rental income potential. Escape to WATERFRONT LIVING at its finest – schedule your private viewing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $3,016 | $3,016 | $3,016 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,350 | $22,166 | $31,857 |
Total Monthly Payment | $26,491 | $25,307 | $34,998 |
* 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.