101 Bayshore ROAD, #2, Nokomis, FL, 34275 | $785,000

Under contract-accepting backup offers. Turnkey furnished and ready to go! Loaded with natural light, this beautiful inter-coastal end-unit condo has so many features that make it Home. Tall ceilings, an updated interior, a wrap around balcony, a garage, a private dock for your boat. Had to catch my breath, lets continue. . . floor to ceiling sliders and windows, a sizable storage locker, a flex space off the kitchen, and a flex space on the ground level with a bathroom that can double as in-law quarters. This is a rare waterfront condo example that far exceeds the almost 1500 sq ft under air, probably closer to 2500 when you walk it. Do you like walks? Walk to the beach, Venice Jetty, Pop's Bar and Grill, and many other spots of interest within 5 minutes. HOA is stable, easy living. There is no better option in the condo market under 1M.

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Gated
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: PELICAN OAKS
  • Year Built: 1988
  • Common Charge: $2,500 Quarterly
  • Approx Sq. Feet: 1,475
  • Est. Taxes: $270
  • Lot Desc: FloodZone, Near Public Transit
  • View: Water
  • Elem. School: Laurel Nokomis Elementary
  • Middle School: Laurel Nokomis Middle
  • High School: Venice Senior High
  • Pet Policy: No
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4590404
  • Days on Market: 158 days
  • Website: https://www.raveis.com
    /prop/A4590404/101bayshoreroad_nokomis_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/9/2024 12:17:09 PM)
Listing courtesy of COMPASS FLORIDA LLC   Phone: 941-265-7692

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NMLS Mortgage Loan Originator ID 16953

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101 Bayshore ROAD, #2, Nokomis, FL, 34275

$785,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $628,000 $628,000 $628,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.623%
Monthly Tax Payment $23 $23 $23
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,284 $4,231 $5,427
Total Monthly Payment $4,398 $4,345 $5,541

* 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.