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Seller is considering Seller finance options. Seller has long term renter in main side and also in the studio lock out. Resort Style living with the benefits of being able to skinny dip and not have to put on clothes. This popular 2 bedroom condo designed with the second bedroom being a studio lock out is a favorite for people wanting the benefits of having a little extra rental income. Some of the owners keep the main side for themselves while renting out the studio side covering some of their maintenance dues and taxes. Condo 3105 is a ground floor end unit with two covered parking spaces. Both entry ways into the condo have glass doors, plus metal doors with keyless keypads. Entering the main section of the condo is a tile foyer with the laundry room on the left with washer, dryer and lockout utility closet. Bathroom on the right which is part of the primary bedroom’s ensuite. Transitioning from the foyer is beautiful hardwood flooring in the living room and dining area. The living room couch, coffee table and light, along with the dining room table and chairs will convey. The Kitchen has four windows letting in lots of sunshine. Kitchen features a dishwasher, microwave, range/oven and side by side refrigerator. The primary bedroom has a king size bed, vinyl plank flooring, walk in closet, entry to the bathroom with double vanity and stand-up shower. Sliding glass doors in the primary bedroom lead out to a private screened patio that faces the concrete wall. Stamped concrete flooring in the patio. The second bedroom serves as a studio lockout with private bathroom and tub with shower. Studio has wet bar with microwave, extra cabinetry and countertop, a refrigerator, flat screen TV, walk in closet with mirrored doors and a king size bed and nightstand. Sliding glass doors lead out to a screen enclosed porch which comes with outdoor furnishings. The AC system has splitters with two thermostats so studio lock out and main unit can be on different temperature settings. The owner currently has a tenant renting out the main side long term. With a paid membership to the resort residences can enjoy the heated pool, heated water volleyball pools, hot tubs, pickle ball courts, scheduled activities, dances, access to the nightclub, Key west Bar and Restaurant. Property is close to shopping, public golf courses, an hour from the Gulf beaches and fishing, and 30-35 minutes from Tampa International Airport. In close proximity to other popular nudist communities.
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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 | $199,600 | $199,600 | $199,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $250 | $250 | $250 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,295 | $1,345 | $1,711 |
Total Monthly Payment | $1,620 | $1,670 | $2,036 |
* 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.