Indulge in fabulous GULF VIEWS from this TOP FLOOR, 2-bedroom/2-bath unit at CASTAWAYS CONDOMINIUMS, a charming 41-unit Gulf-front community on picturesque MANASOTA KEY, in Englewood, Florida. Very close proximity to FIVE island restaurants, live entertainment and shopping. Experience the best of SW Florida with world-class fishing, paddleboarding, parasailing, biking and boating, all within an easy reach of your doorstep. Inside you'll discover an inviting open concept, which includes an upgraded kitchen with breakfast bar that seamlessly flows to the living area. The lengthy composite deck is great for entertaining and offers a great view of the beach and Gulf of Mexico. Both bedrooms include vaulted ceilings; the primary bedroom offers a walk-in closet and en-suite bathroom for added comfort. The interior utility room includes a full-size washer/dryer. This fully furnished beach condo is move-in ready as a vacation retreat or an investment property with a good rental history. Unlock the potential for short-term rentals; owners have the option to rent for a 3-day minimum, facilitated through the on-site rental agent. Castaways elevates the experience with a host of amenities that include an oversized heated community pool, shuffleboard court, designated parking, BBQ areas, on-site management, tiki hut, cabana, and 250 feet of private beachfront for its residents. Paradise awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$685,000
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 | $548,000 | $548,000 | $548,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $136 | $136 | $136 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,738 | $3,692 | $4,736 |
Total Monthly Payment | $3,966 | $3,920 | $4,964 |
* 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.