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PRICE IMPROVEMENT 4/11-ON THIS HIDDEN GEM! Tucked around the corner from the GULF of AMERICA at the entrance of the Anclote River is your dream TROPICAL PARADISE. This UNIQUE PROPERTY offers DEEP WATER and is a BOATER'S PARADISE, boasting 117Ft of gorgeous waterfront with a 35' COVERED BOAT SLIP. Boat slip has a metal roof and a 10, 000lb LIFT with the slip cut into the oversized quarter acre PRIVATE LOT. There is an additional 50 FT DOCK with composite decking and deep water to bring in your bigger boats. YOU CAN ACCOMODATE A 50FT BOAT CURRENT RATES IN LOCAL AREA ARE $800 A MONTH! EASY CASH FLOW!! Minutes by BOAT to the barrier islands and Anclote Park. The seawall has a nice concrete walkway all the way around. The current owners have transformed this to a WATER LOVER'S dream with function and recreation being front of mind! Pavers lead you to your own private beach area that has a gaslight firepit and accented with gas tiki lamps- a second area too that offers a wood fire pit! An 8-person hot tub to relax in with a private bamboo enclosed outdoor shower makes this house so functional! This elevated stucco contemporary home with hearty board eaves and fascia, offers 3 bedrooms and 2 full baths with a 2 car garage. The roof was just installed in 2024, the AC is 2023, and the hot water heater is 2024! There is also a lower level bonus area that is not counted in the square footage. The bonus area or (in-law suite) entails 1 bedroom, full bath and kitchen that you can Airbnb! On the second floor is a spacious deck accented with a white railing that was custom made from powder coated aluminum to keep it fresh and clean looking as you enjoy the sparkling water and sanctuary of marine life! The French doors open into a custom kitchen with custom wood cabinets topped with sleek quartz and engineered hardwood floors that compliment the clean coastal look. The cathedral ceilings with massive windows with custom shades let you bring the outdoors in! The natural light brightens and accents the warmth of the home. The master bedroom on the third floor has a full ensuite bath updated with the COASTAL LOOK. The 2nd floor bedrooms are spacious in size and have an update full bath also. Don't worry about storage because there is a 10X20 shed you can use as a workshop and a 10X10 shed for lawn storage. In the garage there is an RV hook up and an outlet installed for a generator. This unique property with a prime deep water location cannot be matched. Don't miss the chance to experience the perfect blend of comfort, luxury and waterfront living! Close to the Sponge Docks, Fred Howard Park, Sunset Beach, shopping, fine dining and several airports!
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Our Executive Mortgage Banker:
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$1,050,000
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 | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.666% |
Monthly Tax Payment | $572 | $572 | $572 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,172 | $5,379 | $7,317 |
Total Monthly Payment | $5,869 | $6,076 | $8,014 |
* 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.