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Under contract-accepting backup offers. Nestled in the picturesque Palm Grove Colony, this charming 1, 038 sq ft home offers an unparalleled opportunity to experience the best of Florida’s Nature Coast. Boasting two cozy bedrooms and one well-appointed bathroom, this property is ideal for those seeking a peaceful retreat, a seasonal getaway, or a lucrative income-generating rental. Located directly on a canal that leads to Mud River, with immediate access to the Gulf of America and the Weeki Wachee River, this home is the perfect haven for water lovers and nature enthusiasts alike. Surrounded by over 1, 200 acres of preserved land, the property is a sanctuary where you’ll frequently spot manatees, dolphins, and a variety of native birds right from your own backyard. As you approach, a circular driveway and beautifully landscaped grounds welcome you, setting the tone for the tranquility that lies ahead. Inside, the home is bathed in natural light, with tile flooring throughout that adds to the warm, rustic cottage charm. Step outside and enjoy the best of waterfront living. Fish off your private floating dock, clean your catch right on-site, and savor the peaceful views of the canal and nature surrounding you. Whether you’re kayaking, fishing, or just relaxing by the water, this home offers an idyllic setting for both adventure and relaxation. This property is just minutes from five local parks, including Pine Island Beach, Bayport Pier, Rogers Park on the Weeki Wachee River, and the expansive 11, 000-acre Weeki Wachee Preserve. The iconic Weeki Wachee State Park, home to the famous underwater mermaid shows, is also within minutes, offering endless entertainment and natural beauty. Despite its secluded, peaceful setting, this home is conveniently located with all the modern amenities right on Cortez BLVD and Tampa International Airport within an hours drive away. Whether you're seeking an outdoor adventure, a tranquil retreat, or a slice of waterfront paradise, this home offers everything you could want and more. Come experience the charm and magic of Florida’s Nature Coast, and discover why every day here feels like a vacation!
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Our Executive Mortgage Banker:
Our Insurance Division:
$280,000
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 | $224,000 | $224,000 | $224,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $327 | $327 | $327 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,289 | $1,342 | $1,801 |
| Total Monthly Payment | $1,691 | $1,744 | $2,203 |
* 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.