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Under contract-accepting backup offers. 2022 METAL ROOF (average 40 year life). Docks of any kind, up to 1, 000 sq ft, approved on both South and East seawalls. This handyman special, located at 13534 Evelane, is a true investor special, offered completely as-is, presenting an incredible value-add opportunity. The property is currently gutted, awaiting a visionary fixer to transform it into its full potential. It boasts a 2022 metal roof, making it an ideal candidate for a fix and flip project. With its prime location, this property also offers significant STR potential, perfect for an Airbnb investment. This 3-bedroom, 2-bath home offers an incredible waterfront lifestyle on a desirable corner lot. Enjoy direct Gulf access from your backyard, complete with a refreshing private pool. This won't last long, don't miss this opportunity to own a piece of paradise with unparalleled water access!
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Our Executive Mortgage Banker:
Our Insurance Division:
$289,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $231,200 | $231,200 | $231,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.307% | 6.443% | 5.668% |
| Monthly Tax Payment | $739 | $739 | $739 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,349 | $1,424 | $1,874 |
| Total Monthly Payment | $2,162 | $2,237 | $2,687 |
* 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.