Welcome to South Gate Mobile Home Park, a 55+ community located in the heart of Clearwater. If you are looking for affordable living, then you found it. The LOW HOA is $225 monthly and INCLUDES water/trash/lawn maintenance and great AMENITIES.
South Gate is located close to great shopping and dining. The famous Clearwater Beach is just a few mins down the boulevard. Close to walking and biking trails if that’s your passion.
This charming home features TWO BEDROOMS with TWO BATHROOMS. Also, a spacious ENCLOSED SIDE PORCH and a COVERED FRONT PORCH, perfect for enjoying the Florida weather.
Inside, the home is painted in welcoming colors, creating a warm and inviting atmosphere. The home includes all the FURNISHINGS. Enjoy the open KITCHEN area with plenty of storage. Light and bright with lots of windows.
The LAMINATE flooring flows throughout the home, while bathrooms have tile for added comfort. Both bathrooms have been nicely updated, with the hall bath featuring a stylish WALK IN SHOWER.
The spacious primary bedroom easily accommodates a king-size bed and includes a large closet and a convenient HALF BATH The second bedroom offers ample storage with two closets and a built-in dresser. Also, a great size for guests or the hobby enthesitis.
The LAUNDRY facilities are conveniently located in the shed attached to the carport, and let’s note that the DRIVEWAY has been nicely coated for a clean look. This home is sold FURNISHED including dishes and linens, making it move-in ready.
Let’s mention that SOUTH GATE is a CO-OP (cooperative) community with a low monthly HOA fee of $225, which covers water, trash, lawn care, and access to amenities such as a heated pool, shuffleboard courts, and a clubhouse with a variety of activities. Golf cart and motorcycle friendly.
South Gate is a RESIDENT OWNED community. The share value is $48, 000. So, if you take the sale price of $105, 000 subtract the land value $48, 000= $57, 000(mobile home value) There is an application for approval required to purchase.
Don’t miss the opportunity to live in this vibrant, active community. Schedule a viewing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$84,500
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 | $67,600 | $67,600 | $67,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $73 | $73 | $73 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $422 | $411 | $534 |
Total Monthly Payment | $570 | $559 | $682 |
* 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.