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5-bedroom, 4-bathroom pool home with a hard-to-find oversized 2-car garage in the highly sought-after Placido Shores neighborhood. This property has over 1, 000 Sq. Ft of pristine living space upstairs, where you’ll find a spacious family room, an oversized primary suite with a private balcony, a walk-in closet, and an en-suite bathroom. This offers you the possibility of living upstairs while the downstairs is renovated. An estimated 7"-9" of water intrusion occurred downstairs and was immediately remediated and is ready to be transformed to match YOUR vision. The layout provides incredible potential for its new owners to make it their dream home.
Enjoy the benefits of a fully paid-off solar system, saving you approximately $150/mo. on electric. Relax in the saltwater pool and embrace the Florida lifestyle in this charming and spacious home just minutes away from downtown, Whole Foods, Trader Joe's, Fresh Market and Publix.
. . . and if you're capable of transforming this space on your own, seize the chance to turn the renovation into a rewarding, profitable venture where you will build equity while making it your dream home! Don’t miss this opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$800,000
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 | $640,000 | $640,000 | $640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $641 | $641 | $641 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,045 | $4,204 | $5,358 |
Total Monthly Payment | $4,778 | $4,937 | $6,091 |
* 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.