CHARMING COASTAL COTTAGE WITH PRIME LOCATION, WEST OF US-41, ONLY 2 MILES TO BAREFOOT BEACH & BONITA BEACH! HIGH & DRY IN ZONE X500 (NO FLOOD INSURANCE REQUIRED) WITH NO WATER INTRUSION/FLOODING FROM HURRICANE IAN! This beautifully updated retreat is a 5-minute drive/10-minute bike ride to the Gulf of Mexico & 2 miles to the Imperial River Boat Ramp with direct Gulf-access. Open floor plan with 3 bedrooms/3 full baths-- one is an attached studio apartment with completely private/separate entrance, a kitchenette & newly renovated full bath—perfect for a guest apartment, mother-in-law-suite, office suite or to maximize rental investment potential (home was previously rented for $5100/month seasonally. No HOA/rent restrictions!) This concrete block home* offers a 2021 HVAC, 2015 ROOF, 2024 RENOVATED STUDIO BATH WITH COASTAL CONTEMPORARY FINISHES, 2019 WATER HEATER, 2019 STAINLESS-STEEL APPLIANCES, 2020 GUTTERS & 2017 WOOD FENCE. Exudes warm charm at every turn from the new driftwood-style tile floors (no carpet), white kitchen with butcher block counters & soothing neutral palette to the handcrafted light fixtures, all new 6” trim & updated bathrooms. Sits on an oversized lot with prime Southern exposure inviting gorgeous natural light & sunsets (room for pool). Available with many newer furnishings/decors. Conveniently located 5-minutes to the Promenade, 10-minutes to Coconut Point/Mercato & 25-minutes to the airport. Your beach cottage awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,000
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 | $471,200 | $471,200 | $471,200 |
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 | $417 | $417 | $417 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,214 | $3,132 | $3,974 |
Total Monthly Payment | $3,723 | $3,641 | $4,483 |
* 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.