Presented byBenge Redding Team |
Under contract-accepting backup offers. $50, 000 reduction from original price!!! Best beachfront value on Siesta Key! $59, 000+ in rental revenue!!! New HVAC in 2023. Calling all beach and boating enthusiasts! Fishermans Cove is a one-of-a-kind community on Siesta Key. You can walk out your back door directly on to the beach, and walk out your front door directly to one of forty new boat slips. No other community offers the best of both worlds in such close proximity and has incredible investment potential with weekly rentals being permitted in the community. B303 is a one-of-a-kind unit in Fishermans Cove. This top floor unit offers stunning, unobstructed views of the beach and Gulf of Mexico from every room. It is the only 1-bedroom residence that offers both a full and a half bath, which is ideal as guests don’t need to share the master bathroom! With a nice sized bedroom, and spacious living area, this is the prefect beach getaway. In addition to an owner’s closet in the unit, there is extra storage on the same floor. Whether you are relaxing on the beach, jumping on your boat for a day on the water, paddleboarding, floating in the community pool, or just strolling down the street to one of the restaurants and tiki bars, this is the lifestyle you deserve. There is an on-site rental manager to help maximize your rental income with the weekly rentals permitted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,900
Sales Associates
William Raveis Real Estate
Phone: 941.894.4216
BengeRedding@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 | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $540 | $540 | $540 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,093 | $3,987 | $5,059 |
Total Monthly Payment | $4,725 | $4,619 | $5,691 |
* 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.