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Immerse yourself in mid-century modern luxury at Crescent Palms, your own island oasis on Anna Maria Island. Lovingly restored terrazzo floors throughout the home radiate a bright, retro beach vibe, transporting you back to a simpler time. Unwind in the master suite, featuring sleek porcelain floors, a soaring vaulted ceiling, and private sliders leading out to the expansive lanai and inviting pool – your own slice of paradise. Step out back and discover your own private playground. Mature tropical landscaping and professional lighting create an intimate ambiance, perfect for poolside cocktails under the stars or laughter-filled evenings with loved ones. Take a dip in the sparkling oasis pool, the centerpiece of your island fun. Crescent Palms offers the perfect blend of luxury and income potential. Many updates since Hurricanes Helene and Milton. Sleek industrial kitchen is perfect for a beach home and can easily be removed if a future storm approaches. This vacation rental paradise boasts nearly $115, 000 in annual gross rental bookings, ensuring a return on your investment. The impact-resistant construction and hurricane shutter system provide peace of mind, while the solid concrete block construction guarantees lasting durability. Ample storage and a one-car garage ensure all your island essentials are neatly tucked away. For the ultimate water enthusiast, consider joining the optional Lake La Vista Homeowners Association, granting you access to additional water fun and dock space for your kayak or boat. Property information received from third-party sources is considered reliable but is not guaranteed. All information should be independently verified by buyers and buyer's agent
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,799,000
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 | $1,439,200 | $1,439,200 | $1,439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | $1,480 | $1,480 | $1,480 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,745 | $9,097 | $12,438 |
Total Monthly Payment | $10,350 | $10,702 | $14,043 |
* 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.