Opportunity awaits with this amazing waterfront property! Recently affected by flooding, this is your chance to restore and transform it into the waterfront retreat of your dreams. Whether you choose to remodel the current structure or start fresh with a new build, this location offers endless possibilities.
As soon as you step inside, you'll be captivated by the stunning water view framed perfectly by sliding glass doors. The open-concept floor plan offers a spacious canvas for your vision, with endless potential to create the ideal living space. The existing dock and lift recently supported a 30' twin-engine boat—making this a boater's dream.
There’s also ample space to add a pool and expansive outdoor living areas, perfect for entertaining or relaxing while enjoying the serene waterfront setting. With quick boating access to Lemon Bay just 100 yards away, you’ll love the convenience of the canal's protection from wind and waves, providing calm waters for your adventures.
Located just around the corner from downtown Englewood and Historic Dearborn Street, you’re a short distance to charming coffee shops, lively restaurants with live jazz, a weekly Farmer's Market, monthly car shows, festive holiday events, boat parades, and much more. This prime location offers the perfect blend of waterfront living and vibrant local culture.
Don’t miss out on this incredible opportunity to own a piece of paradise—come make this your dream home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$595,000
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 | $476,000 | $476,000 | $476,000 |
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 | $319 | $319 | $319 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,167 | $3,164 | $4,081 |
Total Monthly Payment | $3,578 | $3,575 | $4,492 |
* 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.