Don’t miss this stunning coastal-contemporary home on Anna Maria Island. Constructed to the highest quality and FEMA safety standards, this island oasis features high ceilings, an elevator, high-end finishes, an open-concept kitchen/dining/ living area, and modern coastal furniture (included). The five-bedroom home sleeps twelve, including two master suites with en-suite bathrooms, five luxurious bathrooms, four balconies, and a beautiful heated pool and spa. The spacious rooftop deck, which was recently re-tiled in its entirety, is accessible with a straight staircase (no spirals). It’s the perfect vantage point for experiencing both Anna Maria Island’s spectacular sunrises and sunsets. Meticulously maintained by its owner, this island gem sits on a quiet street ideally located between both island bridges. For added convenience, it’s just minutes from some of the island’s most popular restaurants and shopping. Best of all, it’s only a short three minute stroll to Anna Maria Island’s world famous beaches. This island retreat comfortably accommodates larger groups with a separate living room on all three levels, an outdoor dining room, an oversized pool, and an attached bathroom for every bedroom. The home has undergone numerous upgrades including new appliances (refrigerator, dishwasher and induction cooktop), electric pool heater, king sized mattresses, indoor and outdoor furniture, and exterior ceiling fans…just to name a few! With its prime location, exceptional maintenance, abundance of amenities and contemporary island feel, it’s no surprise “Coastal Breeze” is a lucrative investment property. Grossing just under $320k in bookings in 2022, and almost $300k in 2023 (despite undergoing maintenance for 5 weeks), this island home remains a favorite amongst vacationing families who return year after year. PLEASE VIEW OUR VIRTUAL TOUR VIDEO. Make an appointment for your private showing today.
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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 | $2,399,200 | $2,399,200 | $2,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $2,706 | $2,706 | $2,706 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,362 | $15,561 | $20,900 |
Total Monthly Payment | $18,193 | $18,392 | $23,731 |
* 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.