DIRECT GULF ACCESS NO BRIDGES!
This home is in prime location with quick access to Charlotte Harbor through Jug Creek. It is a fisherman's and kayaker's paradise with plenty of places to explore by boat. You can enjoy the beautiful Gulf beaches in less than 30 minutes by boat. It is in a quiet, friendly neighborhood on a dead end street. It is being offered "as is" after minor water intrusion. The drywall has been removed along with the flooring and kitchen cabinets. There is a 8, 000 lb boat lift with new cover and plenty of dock space.
Even with the cost of rehab, this home is priced below market value. It has an open floor plan, with 2 master suites that you can design the way you like. A large lanai allows you time to sit outside and enjoy the water and the boats going by. There is also a Florida room in the back with plenty of windows to provide an indoor space that feels like outside.
Repairs will start in about 2 months so this price is only being offered until then.
Photos represent before and after.
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William Raveis Real Estate
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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 | $396,000 | $396,000 | $396,000 |
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 | $468 | $468 | $468 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,701 | $2,632 | $3,395 |
Total Monthly Payment | $3,244 | $3,175 | $3,938 |
* 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.