HIGH AND DRY. This stilt home is elevated over 10 feet above ground level and was not flooded or damaged during Hurricane Helene. WOW – Waterfront homes and investment opportunities like this, do not become available too often. Built by Nobility Homes in 2004 - this one owner, 3-bedroom, 2-bathroom modular home has been recently renovated, and is 100% in move right in condition. The Roof was recently replaced in (2023), the wrap around deck was just rebuilt in (2024), new A/C (2023), new laminate flooring throughout (2024) including the sub floor, and the interior was professionally painted (2024). The location is fantastic and its close to the gulf. This amazing, oversized corner property has a sea wall and water on both sides. (Make sure you look at the aerial pictures) 3 large storage sheds. Floating dock, and sun deck, plus a private boat ramp. There is plenty of parking on the driveway and covered parking available under cover of the house. The concrete was poured 6 inches thick for extra strength so bring your RV as there is plenty of room, and there is RV hook up for electricity and wastewater too. Mature landscaping, several areas to rest and relax, nautical décor, and a spacious firepit area too. There is direct gulf access through canals, plenty of boats fit, however boat size / height is limited as you must navigate under a bridge. This can also a great winter home for our friends up north and or a great investment opportunity for those looking to move to our area and / or to own an income producing property. This home is not in a deed restricted community, there are NO HOA or CDD fees either. It’s close to all area amenities such as shopping, schools, dining, entertainment, medical, saltwater fishing in the Gulf and natural freshwater rivers and springs - perfect for those who love the outdoors. Come see this beautiful home today before its gone. If you have any questions, just ask.
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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 | $399,920 | $399,920 | $399,920 |
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 | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,627 | $3,373 |
Total Monthly Payment | $3,069 | $3,035 | $3,781 |
* 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.