Handyman Special in Surfside Estates! This fixer-upper 3 bed/2bath 1248 sqft doublewide manufactured home will need a substantial amount of work, it may need a full rehab to bring it back to its once lovely condition. Seller is offering no warranty or repairs, it is being sold "AS IS", or you can tear it down and build your own manufactured home to suit your wants and needs. The listing price of this home takes into consideration the condition of the home and includes the land share buy-in to this resort style 55+ Resident Owned Community that is across the street from the beach! There is no lot rent when you purchase your home in Surfside Estates you own a share of this great beach side community. The HOA fee is currently $160/month and will go up to $180/month in January 2025. HOA fee includes Wi-Fi, internet, cable, lawn care, management, and use of all the facilities. There is a three story Clubhouse with fitness room, library, billiards area, large screen TV for all of your sporting events! There is an inground heated/cooled pool, shuffleboard and basketball courts and a rooftop deck. The Social Club offers many activities to get involved as much or as little as you like. Walk or ride your bike to the beach across the street or ride your golf cart to one of the two docks to enjoy fishing or just relax and enjoy sunsets as you watch the boats and dolphins go by. There is kayak storage, a BBQ pit and gazebo all with a view of the Intracoastal waterway. The quaint neighboring town of Flagler Beach is just a few minutes down the road, where you will find a variety of shops and restaurants to choose from. Just over the bridge you will find plenty of shopping, doctors and hospital. This is a cash only sale, all measurements and information deemed to be accurate. This is a great investment opportunity to own your own piece of paradise at the beach! Interior pictures coming.
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William Raveis Mortgage, LLC
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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 | $108,000 | $108,000 | $108,000 |
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 | $89 | $89 | $89 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $719 | $718 | $926 |
Total Monthly Payment | $883 | $882 | $1,090 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.