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HIDDEN GEM!! LOCATED IN HISTORIC OLD ENGLEWOOD VILLAGE DISTRICT - THIS IS A UNIQUE OPPORTUNITY TO PURCHASE TWO PARCELS FOR ONE GREAT PRICE! ONE LOT HAS A 3 BEDROOM 2 BATH HOME INCLUDING AN ATTACHED STUDIO. TOTAL 4 BEDROOMS AND 2. 5 BATHROOMS. FULL ROOF REPLACEMENT - UPDATED ELECTRICAL PANEL - NEW FLOORING - CEILING FANS AND OTHER RECENT INTERIOR UPDATES.
USE THE HOUSE AS RENTAL INCOME WHILE YOU PLAN YOUR DREAM HOME FOR THIS 2 ACRE ESTATE PROPERTY. THIS LOT SIZE IS HARD TO FIND AND IS LOCATED ON A DEAD-END ROAD, GIVING YOU PRIVACY WITH WATERFRONT VIEW OF THE TRANQUIL SPRING-FED NATURAL POND WITH AN ABUNDANCE OF WATERFOWL.
The vision brings a large family estate with a beautiful setting. Room for outbuildings, workshops, RV barns, greenhouse, and additional accessory dwelling unit or guest house. Tons of open space for that food forest or organic garden!
This property is just a few miles from Manasota Key with 11 miles of beautiful beaches. 1. 3 mile walk or bike ride to DEARBORN STREET - The center of town for live entertainment, shopping, restaurants, coffee shops and specialty stores.
PARCEL ID #0496-11-0025 & ID #0496-11-0022 INCLUDED IN SALE.
THIS IS A PRIMO LOCATION WITH GRAND OPPORTUNITY! CALL NOW TO SCHEDULE A SHOWING.
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $333 | $333 | $333 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,044 | $2,156 | $2,870 |
| Total Monthly Payment | $2,452 | $2,564 | $3,278 |
* 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.