A water lovers dream come true! Welcome home to 234 N Riverside. This adorable estate home is full of potential and DIRECTLY on the fisherman friendly Brackish waters of the IntraCoastal Indian River where native foliage colors the landscape and wildlife come to play. This 2 story home features lots of potential for the savvy buyer. A sweeping custom tiled foyer welcomes all who enter. Complemented by large picture windows throughout, this home has a warm cheerful feel inside and out. The first floor is the main living area with living room, dining area, family room, stunning custom kitchen, large utility room and 2 first floor bedrooms to make first floor living easy. The Second floor is home to a large owners suit living space with Owners Suite, master bath that features duel sinks, walk in shower, separate garden tub and relaxing private sauna, and huge 10x10 dressing closet. This space also is shared with a large upper story Florida room perfect for enjoying birds eye views and 4th ensuite guest room. From French Doors off the living area on the main floor access the plush backyard oasis is ideal for entertaining or just relaxing poolside with your favorite cold drink and basking in the Florida Sun. A multi-purpose bonus room off the pool area could serve as an enclosed cabana, party room, personal gym or even a hobby studio. Conveniently located, dining, shopping, schools and entertainment are just minutes away by car or vessel. Now is the time to capitalize on this waterfront opportunity whether your looking for a new primary or vacation residence on the water, or even a nice investment rental.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,222,000
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 | $977,600 | $977,600 | $977,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | $414 | $414 | $414 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,586 | $6,422 | $8,651 |
Total Monthly Payment | $7,125 | $6,961 | $9,190 |
* 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.