Peek-a-boo views of Lemon Bay and the Intercoastal waterway right from your front porch!! Explore the allure of the beautiful tropical breezes and bask in the spectacular sunsets of Lemon Bay in this quaint 3 bedroom, 2 bath home that's more paradise than property. Featuring an additional 400 sq ft studio/ office/ in-law suite on site. This home is located just a stone's throw away from Englewood's Indian Mound Park where you’ll have access to the beautiful sandy beach, fishing, swimming, and the park’s boat ramps literally steps away.
The coastal unique charm of this captivating home features classic terrazzo flooring, a plethora of natural light, elegant granite countertops in the kitchen, some high-impact windows, covered front porch, and plantation shutters creating classic southern character. The free-flowing open floor plan creates an atmosphere of ample size highlighting space and comfort. Step into the oversized backyard surrounded by lush tropical foliage, and boasting plenty of storage versatility with two sheds, and a conveniently screen-in pergola to enjoy the afternoons. The additional 400 sq ft studio complete with its own separate utilities and AC making this the perfect canvas for you to paint your own personal paradise. Possible related living space.
An additional driveway accommodates your boat or RV, paving the way for boundless adventures! Walk to Historic Dearborn Street and enjoy strolling the unique shops, Thursday's Farmers Market, cozy cafes, Pioneer Park, and on going street markets. New developments are on going and more in planning are making downtown Englewood a revitalized main street attraction. Seize this perfect opportunity to turn your Florida dreams into your reality. Paradise awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,000
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 | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $109 | $109 | $109 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,996 | $2,959 | $3,766 |
Total Monthly Payment | $3,197 | $3,160 | $3,967 |
* 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.