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ATTENTION BOATERS & BEACH LOVERS! ~ This FULLY UPDATED, elevated bungalow captures the essence of Old Florida island charm with breathtaking sights of Lemon Bay. Featuring a private, DEEP-WATER DOCK just seconds away from the Intracoastal waterway and no bridges to the Gulf – this property offers an incredible location for adventure! Step inside to an open and airy floor plan with expansive windows that fill the space with natural light and showcase panoramic tropical views. Recently remodeled from top to bottom - this two bedroom, two bathroom retreat blends the best of two worlds with preserved COASTAL CHARACTER like tongue and groove ceilings and wainscoting along with MODERN UPDATES like IMPACT WINDOWS, luxury vinyl plank flooring, new stainless steel appliances and upgraded kitchen and baths. A spacious bayside family room and an additional Florida room provide ample space for relaxing or accommodating extra guests. Outside, a spacious deck creates the perfect setting for an OUTDOOR OASIS designed for effortless entertaining. A private outdoor shower is discreetly tucked along the side of the property, accompanied by a shed for additional storage. The 35-FOOT DOCK, complete with a 4, 500-lb lift, electric and water, provides the ideal launch point for boating and water sports. Spend your days exploring nearby islands, discovering hidden shelling spots, world-class fishing, and an abundance of wildlife. In the evenings, WALK TO THE BEACH and catch the sunset followed by dinner and dancing at vibrant waterfront restaurants with live music on Manasota Key. ADDITIONAL FEATURES to note here include vinyl siding, a 2022 ROOF, low-maintenance turf in the backyard and decorative shell landscaping in the front, that allows you to fully enjoy your surroundings without the hassle of upkeep. NO DEED or RENTAL RESTRICTIONS here provide an opportunity to create a high-demand, income producing property to offset your investment. Call today to learn more and schedule your private viewing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
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 | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.613% | 6.435% |
Monthly Tax Payment | $1,059 | $1,059 | $1,059 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,485 | $5,557 | $7,538 |
Total Monthly Payment | $6,669 | $6,741 | $8,722 |
* 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.