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A coastal lifestyle awaits in this turnkey furnished 2-bedroom, 2-bathroom vacation rental cottage, ideally situated on the north end of Anna Maria Island. This income producing property offers indoor-outdoor living and allows for short-term weekly rentals to profit while you're away. With $84k annual income for 2023 you don't want to miss this great opportunity! Currently operating as a successful vacation rental with bookings in place, this property offers immediate income potential. The savvy investor has the opportunity to maximize earnings with a proven desirable rental. This property was recently remediated and remodeled after the recent storms. The beautifully updated home exudes sophistication with its designer touches and furnishings. Conveniently located just across the street from Bayfront Park, it offers access to paddleboarding and kayaking, while providing a tranquil setting to appreciate scenic views of Tampa Bay and the Sunshine Skyway Bridge. Just a short stroll away are Pine Avenue’s delightful restaurants, shops and galleries. Nearby Bean Point Beach is a perfect spot for relishing breathtaking nightly sunsets. The cottage’s backyard oasis includes chase lounge chairs for soaking in the sun and Gulf-to-bay breezes, a gazebo for relaxing and a grill for preparing the day’s fresh seafood catches. Inside, the open-concept floor plan seamlessly integrates the kitchen with island seating, dining and living areas. Both bedrooms boast abundant natural light, TVs and California Closets. The en-suite bedroom has an oversized walk-in shower, while the second bedroom offers a convenient hallway bath. Other notable highlights include a tropically landscaped front yard and 4 permitted parking spots including a one-car garage. If you want a prime investment property, a second home or a forever dream home, look no further than this incredible property. Don’t miss out on this fantastic opportunity to make this lovely coastal retreat your own.
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$1,249,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $999,200 | $999,200 | $999,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 6.764% | 6.581% |
Monthly Tax Payment | $1,136 | $1,136 | $1,136 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,234 | $6,398 | $8,636 |
Total Monthly Payment | $7,495 | $7,659 | $9,897 |
* 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.