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Only a few properties on fabulous Longboat Key offer short term rentals, and this is one of them! Casa Del Mar, a beautiful little Beach Resort uniquely positioned on a nice stretch of beach on the Gulf of Mexico, with nightly and weekly rentals available making your island getaway a nice investment as well! Add to it that an on-site rental office ensures seemless bookings. This second floor unit is being offered turn-key furnished, including a washer and dryer. The condo did not suffer any damage in the recent storms and although the landscape took a hit, it is coming back strong. The sparkling pool on the beach, tennis and pickleball courts, grilling area and picnic tables are all just steps away to add to the enjoyment of your beach escape. Located close to multiple restaurants, local parks, world famous St. Armands circle and the cultural mecca of downtown Sarasota, which all contribute to this remarkable quality of life in this little Island paradise. Professional photos coming soon-these were shared from the property website.
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$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $608 | $608 | $608 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,489 | $3,674 | $4,681 |
Total Monthly Payment | $4,189 | $4,374 | $5,381 |
* 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.