Under Construction. GULF VIEWS FROM THE LARGE OPEN DECK. Under construction. . Each floor features 3 BEDROOMS/2 BATHS EACH or you can use one bedroom as a den or office. RESIDENCE IS APPX 1400 SF ON SINGLE FLOOR AND HAVE A LARGE OPEN DECK 10X28 (280SF) which is accessed from the MBR AND great room. The home was designed with a ROOFTOP TERRACE for Sunsets viewing, ( There is a rooftop access trap door only), Exterior stairs to the roof top terrace can be added by the new owner. Many homes on the Island feature rooftop terraces and they are popular as they have great Gulf views . THE INTERIOR WALLS HAVE BEEN FRESHLY PAINTED, There is a large 4 car garage under the living areas plus space for a golf cart and which connects to the indoor stairwell. You can design your very own pool for the backyard OR you may prefer a garden , There is room on the side of the house to park your boat. The beautiful Anna Maria Island sandy beaches are about a 2 minute walk away .
The Seller has priced the home below market value after giving consideration for the needed finishing touches such as an exotic pool of your choice and stairs to the rooftop terrace. All pictures are from the third floor, second floor apartment is identical . Home is being sold AS IS . Seller will consider all offers. This is a great opportunity for a buyer to finish the construction of this Island home and have some $$$ EQUITY as an owner or an Investor . The A/C systems and sewer line is all that is needed for the C/O .
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
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 | $1,960,000 | $1,960,000 | $1,960,000 |
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 | $599 | $599 | $599 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,550 | $12,550 | $17,209 |
Total Monthly Payment | $13,274 | $13,274 | $17,933 |
* 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.