Buy your boat a new home and prepare for new Gulf of Mexico adventures. You will start with a superior 5-star rated VRBO performance as a rental home on VRBO for the last three years with an overall income of $121, 000 gross bookings from 2020-2023 and a payout of $111, 000. You get the VRBO website and the active client list, so you are in business on day one. This charming MANASOTA KEY Turn-Key Waterfront Cottage is ready to enjoy or lease. It's a quick walk to a beach or a 1. 5-mile boat ride to Stump Pass, Stump Pass Marina, and the Gulf Of Mexico! This stunning newly renovated and remodeled cottage-style beach home is on a shimmering emerald canal. Island Beach Cottage-styled home is perfect for a winter retreat, rental property, or the ideal home on a quiet, dead-end street.
Located on a saltwater canal with a concrete seawall and a 14, 000 lb boat lift in the backyard with Deep Water access to the Intracostal Waterway. The lift will keep your boat dry and ready for rapid use. This home is Turn-Key furnished with updated eclectic furniture. There is a full-size outdoor shower with hot and cold water and beautiful views of the bright sky. Enjoy a refreshing, bubbling shower in the oversized outdoor shower. Enjoy the tranquility of the open view of the clouds and the sun. Perfect after a long day at the beach, any outdoor activities, such as kayaking, fishing, running, etc. The new Daikin ductless A/C units are located in each room (heat and A/C) and work very efficiently. 2 new units have just been installed—a king-size bed in the master and a large closet. The linen closet is located right in the hallway. 2nd bedroom has an en-suite bathroom, a queen bed (new mattress), and storage space for all your items. The home has a carport perfect for keeping your vehicle out of the hot sun and unloading your grocery items in the rain.
All bathrooms have been renovated with new vanities, toilets, a new shower, and fresh paint. The entire home has been refreshed with new paint. It is an enjoyable 3-minute walk to the BeaBeach, the end of the street, and one block over. Perfect evening walk to the BeaBeachd. Enjoy the sunset on the salty gulf and silky sand at your feet. Just a couple blocks away, there is access to the Ba, where you can enjoy the world-class fishing this area has to offer, and there is even an area to launch your kayaks or paddleboards for a day of fun on the water! This location is also within minutes from some delicious local Restaurants and shops on the Island that feature that lovely Beach Lifestyle, including live music venues, eats, and fun! This property features Deeded Beach Access with a short walk or bike ride around the corner, where you will find yourself on the gorgeous shores of the Gulf of Mexico!
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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 | $694,400 | $694,400 | $694,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.103% | 7.041% |
Monthly Tax Payment | $978 | $978 | $978 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,737 | $4,620 | $6,193 |
Total Monthly Payment | $5,807 | $5,690 | $7,263 |
* 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.