Beautiful Waterfront Home on Saltwater Canal, just minutes from the Manatee River and Gulf of Mexico! With 3 Bedrooms, 3 1/2 Baths, Bonus Room, Separate Living Room/ Dining Room, Family Room, and Eat in Kitchen, there is plenty of space for entertaining or just relaxing in this Split Bedroom, Open Floor Plan Home! As you enter the home you are struck with a light and bright large Foyer that opens to the Formal Living Room and Dining room. Adjacent is the Lovely Kitchen featuring Granite Countertops, Custom Wood Cabinets, Large Breakfast Bar, Stainless appliances, and a Walk In Pantry, along with the Breakfast Nook and Family Room which overlooks the Lanai. Rounding out the ground floor is the Primary Bedroom which has it’s own a sitting area, two large walk in closets, and an En Suite Bath with dual vanities, a soaking tub and separate shower. Upstairs you will find two guest bedrooms, each with own baths, and a large bonus room with wet bar, which offers flex space for entertaining, game room, study, fitness area, or possible fourth bedroom. Enjoy morning coffee or afternoon beverages on the beautiful paver brick screened lanai, with heated spa and is overlooking the canal and private boat lift. The Florida Lifestyle of boating, fishing, kayaking, or paddle boarding is easily accessible right from your back yard. Highly desired Riverdale is centrally located within close proximity to Downtown Bradenton, Anna Maria Island, The University Town Center, Sarasota Airport, Downtown Sarasota, I-75, restaurants, shopping, and many Golf, Tennis and Pickleball Club options. Grab this opportunity to purchase this Move-In Ready, Waterfront Oasis!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
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 | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $600 | $600 | $600 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,630 | $5,630 | $7,719 |
Total Monthly Payment | $6,355 | $6,355 | $8,444 |
* 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.