524 56th STREET, Holmes Beach, FL, 34217 | $895,000
Located on the water in the heart of Anna Maria Island this single-family property, impacted by Hurricane Helene, presents an exceptional investment opportunity for developers or visionaries. Located in a highly desirable neighborhood, surrounded by multi-million dollar homes. A short distance to library, parks, shops and restaurants. The lot is on deep water canal with direct access and views of Sarasota Bay. Mangrove shoreline to buffer neighbors with no seawall to repair. Whether you envision building a new structure or renovating the existing home, this property offers a unique chance to transform it into a profitable asset in a sought-after location. It has two bedrooms, two bathrooms, living room, den, laundry room, back screened in porch and single garage. The outdoor area has a large deck adjacent to the dock area and outdoor shower. Great investment property with many homes being replaced on street with large million dollars home. Claim your place in paradise. This home has been stabilized and dried out after the Hurricane, prepared for renovations.
Features
- Rooms: 10
- Bedrooms: 2
- Baths: 2 full / 1 half
- Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
- Style: Florida
- Year Built: 1954
- Garage: 1-car
- Heating: Electric
- Cooling: Central Air
- Approx Sq. Feet: 1,337
- Acreage: 0.17
- Est. Taxes: $3,445
- Lot Desc: Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot
- View: Water
- Elem. School: Anna Maria Elementary
- Middle School: Martha B. King Middle
- High School: Manatee High
- Pet Policy: Yes
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: A4614652
- Days on Market: 134 days
- Website: https://www.raveis.com
/eprop/A4614652/52456thstreet_holmesbeach_fl?source=qrflyer
Listing courtesy of MICHAEL SAUNDERS & COMPANY Phone: 941-383-7591
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
524 56th STREET, Holmes Beach, FL, 34217
$895,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $716,000 | $716,000 | $716,000 |
| 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 | $287 | $287 | $287 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,585 | $4,585 | $6,286 |
| Total Monthly Payment | $4,964 | $4,964 | $6,665 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388