BEACH BUNGALOW- PERFECT GET-AWAY OR INVESTMENT PROPERTY THAT PAYS FOR ITSELF- SOLD TURNKEY! This UPDATED Key West Style Cottage has an on-site full service property Rental Management for a go-to destination- producing positive cash flow, after all operating cost! Relax on the front porch while taking in the gorgeous floral aromas, once inside enjoy the BAY VIEW from the window, New Cooling unit to end your beach day and with long range WIFI access points to work & play. All New high end furnishings- including a Queen Sofa bed with memory foam, Living Room wood extendable coffee table, Dining Table Set, and Bedroom Set with luxury mattress. New high end remote control ceiling fans and two new Smart Roku TV's surrounded with built-in and Coastal Decor adding ambiance to this perfect beach oasis. This unit is situated near the gorgeous Heated Swimming Pool in the back, and hotel's private Fishing Pier. Only Footsteps away- across the street to your Private Beach with Lounge Chairs & umbrellas provided by the Resort & sister hotel Tortuga. This unit has an Open Floor Plan with an Stylish updated kitchen with a Range, Microwave, Refrigerator & Dishwasher stocked with everything you need! The Custom Cabinetry enhances the beautiful quartz countertops. Chill in the living area on the comfy sofa that allows you to accommodate four guests. The Bedroom is tranquil and has a walk-in closet space. There is a full bathroom off the bedroom with quartz countertop with a decorative molding shower top. There is an Owner's Storage unit built in the back to keep your belongings while there. On-site coin operated Laundry Room. Enjoy all the island has to offer with the Free Trolley near the front that travels up & down island. The Flexible Nightly, Weekly & Monthly Rental Policy allows you to gain income when your not utilizing it as the owner. One of the few hotels on the Island that allows pets, so the entire family can get away! The comfy feel of Tradewinds Resorts, with the Bay in the back allows for endless activities on the pier, and makes this hotel one of Anna Maria Island's most popular destinations! Nearby shops, galleries and eateries paired with the Pristine Sandy Beaches- YOU WON'T WANT TO LEAVE!
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$429,000
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 | $343,200 | $343,200 | $343,200 |
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 | $410 | $410 | $410 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,341 | $2,312 | $2,943 |
Total Monthly Payment | $2,826 | $2,797 | $3,428 |
* 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.