Discover your coastal canvas in this charming block home, poised for a transformative makeover or a fresh start from the ground up. This two-bedroom, two-bathroom abode presents an exciting opportunity to craft your dream beach retreat, limited only by your imagination and zest for design.
Situated just a stone's throw from the sandy shores, this property beckons those who yearn for the salty breeze and rhythmic waves. No need to set an alarm clock here – let the gentle lull of the ocean wake you each morning as you embark on a short, leisurely stroll to greet the day at the beach.
For nature enthusiasts and adventure seekers alike, the nearby Stump Pass Beach State Park is a hidden gem waiting to be explored. Just a hop, skip, and a jump away, this pristine park offers a plethora of activities from bird watching to kayaking, ensuring your weekends are filled with coastal excitement.
One of the most enticing aspects of this property is the absence of rental restrictions. Whether you're looking to create a personal sanctuary or considering a lucrative vacation rental, the possibilities are as endless as the Florida coastline.
The current structure serves as a blank slate, inviting you to unleash your inner designer or architect. Envision open-concept living spaces that seamlessly blend indoor comfort with outdoor beauty. Picture a gourmet kitchen where you can whip up seafood feasts, or a cozy primary bedroom that offers a tranquil retreat after sun-soaked days.
Don't let this opportunity slip through your fingers like sand. Whether you're ready to roll up your sleeves for a renovation project or eager to build your coastal dream home from scratch, this property is your ticket to the laid-back Florida lifestyle you've always dreamed of. Welcome home to your slice of paradise!
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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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $483 | $483 | $483 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,456 | $2,393 | $3,036 |
Total Monthly Payment | $3,014 | $2,951 | $3,594 |
* 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.