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Presented by
Mary Burr |
501 SPRING AVENUE, Anna Maria, FL, 34216 | $1,050,000
Under contract-accepting backup offers. Fantastic new listing in the highly desirable City of Anna Maria! This duplex property offers an incredible opportunity, situated just one short block from the beautiful Bay and a mere five blocks from our beautiful gulf beaches. You'll also appreciate its proximity to Pine Avenue, just one block away, where you can explore an array of charming boutiques and excellent restaurants. The property itself is a solid concrete block structure, featuring two bedrooms and one bathroom on each side. It sits on a spacious 7, 210 square foot corner lot. This duplex has been home to long-term tenants for many years, but short-term rentals are allowed. Please note that it did experience flooding during Hurricane Helene, but has since undergone professional cleaning, and the electrical systems have been checked. This is a unique chance to invest in an island gem with significant potential. Come and see it for yourself to investigate all the possibilities this property offers. Fixer Upper or New build--you decide.
Features
- Rooms: 6
- Bedrooms: 4
- Baths: 2 full
- Lot Size: 70 x 103
- Laundry: Common Area, Electric Dryer Hookup, Washer Hookup
- Year Built: 1964
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 1,344
- Acreage: 0.17
- Lot Size: 70 x 103
- Est. Taxes: $14,491
- Pet Policy: Yes
- Appliances: None
- MLS#: A4673736
- Days on Market: 30 days
- Website: https://www.raveis.com
/eprop/A4673736/501springavenue_annamaria_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Mary BurrLicensed Associate Real Estate Broker
914.441.6732
Mary.Burr@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 2166562
302.293.7433
Brian.Shahwan@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Ryan FortierInsurance Sales Director, William Raveis Insurance
516.739.7731
Ryan.Fortier@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
501 SPRING AVENUE, Anna Maria, FL, 34216
$1,050,000
Mary Burr
Licensed Associate Real Estate Broker
William Raveis Real Estate
Phone: 914.441.6732
Mary.Burr@raveis.com
Brian Shahwan
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $1,208 | $1,208 | $1,208 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,769 | $4,969 | $6,975 |
| Total Monthly Payment | $6,102 | $6,302 | $8,308 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388