Fantastic opportunity to acquire this adorable home and design it to your tastes. The Pink Mermaid block home made it through the 2 hurricanes. It has been mitigated and waiting for your imagination to make it your forever home or an investment property. This 2BR/1BA home has terrazzo floors throughout much of the house and has an inside laundry room. The yard is very spacious, and it appears there is plenty of room for a pool. Parrot Cove Marina is located at the north end of the community, with boat slips and boat launch that provide access to Palma Sola Bay for a fee. The community offers amenities, for an optional HOA fee of just $80 a year and gives you access to the clubhouse, complete with a fitness area, shuffleboard, pool table, library, and a variety of engaging activities. This friendly neighborhood offers a community park (Sunny Shores Park) located just down the road. Located in the waterfront community of Sagamore Estates and there is a small marina located in the community. Close by is quaint Cortez, a historic working fishing village, and it is just one mile from the sugar sand beaches of Anna Maria Island, and offers dockside seafood restaurants, charter fishing boats, boat and jet ski rentals, parasailing, and charming shops.
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
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 | $132,000 | $132,000 | $132,000 |
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 | $198 | $198 | $198 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $878 | $877 | $1,132 |
Total Monthly Payment | $1,151 | $1,150 | $1,405 |
* 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.