Are you looking for the perfect opportunity to purchase in your dream neighborhood and create your dream home?? Well you found it!
This 3-bedroom, 2-bathroom home with a 2-car garage and pool is brimming with potential, located in the highly desirable Vina Del Mar neighborhood. This home features a 2018 tile roof, hurricane-rated windows and sliders, plus hurricane-rated front and side garage doors. Many of the of big ticket items are already taken care of making this fixer-upper ready for your personal touch. With a little vision, this home will truly be a stunner with it's split floorpan and open layout. Vina Del Mar is elevated more so than the other nearby barrier islands, so it sustained minimal water intrusion during Helene, providing peace of mind in a prime coastal setting. This was remediated by removing carpets and running humidifiers, and now a cosmetic makeover will bring you to the level of the neighboring million dollar properties. Design your dream home just steps from the sandy shores of Pass-a-Grille Beach and enjoy the unique charm of this coveted Gulf Coast community. Don’t miss this rare opportunity!
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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** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $207 | $207 | $207 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,957 | $3,855 | $4,973 |
Total Monthly Payment | $4,256 | $4,154 | $5,272 |
* 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.