Fully Furnished, Charming Beach Cottage with Incredible Rental Potential with Convenient Beach Access! You get the VRBO website and the active client list so you are in business on day one. Welcome to your very own slice of paradise in beautiful Englewood, Florida, on Manasota Key! This enchanting beach cottage, nestled in a serene setting, is your ticket to coastal living at its finest. Boasting 2 bedrooms, 1 bathroom, and a wealth of amenities, this fully furnished gem is the ultimate beachside retreat. Here's some key features: Sun-Kissed Front Deck, Utility Shed, Fenced Backyard, Amazing Rental Potential and more. Experience the ultimate beach lifestyle as you wake up to the soothing sounds of the Gulf of Mexico and breathtaking sunrises. Whether you're looking for a permanent residence or an investment property with incredible rental potential, this cottage offers the best of both worlds. Step inside to discover a cozy and welcoming interior, which has been fully remodeled. Fully furnished ensures that you can start enjoying your new beach life immediately. The cottage's open layout allows for ample natural light, creating an airy, inviting atmosphere. The well-appointed kitchen is perfect for whipping up beachfront feasts, and the living area provides an ideal space for relaxation and entertaining. Relax, dine, and entertain on your sun-kissed front deck, perfect for sipping your morning coffee or watching the sunset with a glass of wine in hand. A utility shed and a fenced backyard add extra convenience and versatility to the property. Located in the heart of Englewood on Manasota Key, this beach cottage provides easy access to the area's sandy beaches, boutique shops, local restaurants, and water sports. Enjoy beachcombing, fishing, and all the outdoor activities that this coastal haven has to offer. With its prime location and charming character, this cottage offers an amazing rental potential, making it a savvy investment choice for those looking to generate rental income while enjoying the beach life themselves. Don't miss this opportunity to own your own beachside retreat with a fantastic rental history. Contact us today to schedule a viewing and make this dreamy cottage your own!
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$729,000
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 | $583,200 | $583,200 | $583,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.518% |
Monthly Tax Payment | $510 | $510 | $510 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,978 | $3,876 | $5,000 |
Total Monthly Payment | $4,580 | $4,478 | $5,602 |
* 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.