Welcome to your dream coastal haven in this fully furnished, turnkey cottage that seamlessly blends vintage charm with modern luxury. This meticulously maintained 1950s ranch-style home, nestled on a quiet, tree-lined street, offers 2 bedrooms and 2 bathrooms, all impeccably decorated in a chic coastal style. Extensively renovated in 2019, the home boasts a new roof, AC system, vinyl fence, and beautifully restored terrazzo floors. The crown jewel of recent upgrades is a sparkling, heated saltwater pool, perfect for year-round enjoyment and adding a touch of resort-like indulgence to your own backyard. Relax on the airy screened-in lanai, ideal for morning coffee or evening cocktails. Located just 10 minutes from downtown Sarasota and Siesta Key beach, this property offers the best of coastal living. With no HOA or deed restrictions, this income-producing gem presents endless possibilities for homeowners and investors alike. Don't miss this opportunity to schedule your showing today and step into your slice of paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $419 | $419 | $419 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,859 | $3,855 | $4,973 |
Total Monthly Payment | $4,370 | $4,366 | $5,484 |
* 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.