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One or more photo(s) has been virtually staged. Fully updated free-standing 2 Bed/ 2 Bath villa in Englewood Beach Condo Association, a charming 55+, gated community. Comprised of 99 units, this idyllic retreat is nestled in the heart of Manasota Key, just a stone's throw from Englewood Beach and island restaurants and shopping. This villa features an updated kitchen with beautiful tile backsplash and quartz countertops with a breakfast bar that flows seamlessly to the air-conditioned Florida room, the den/flex room, and interior laundry room. The oversized (15’ x 23’) living room is perfect for relaxing or entertaining guests. The primary bedroom includes an updated en-suite bathroom with walk-in shower and built-in bench. The guest bathroom has also been updated. Outside, the extended brick paver patio area with retractable awning is perfect for lounging, dining and/or entertaining. There is also an enclosed outdoor shower to rinse off from the beach and a widened parking pad, which allows parking for two smaller cars. Impact-resistant windows and exterior doors throughout the home and Bahama shutters in most windows add a nice beachy ambiance. Take a stroll over to the community clubhouse, where you’ll find plenty of social activities happening throughout most of the year. Additionally, the community boasts one of the largest heated pools on Manasota Key. The Community’s maintenance fee covers lawn maintenance, water/sewer, trash removal, recreational facilities, private roads, exterior maintenance (roof, paint, etc. ), public insurances, and a community manager. Don't miss your opportunity to live in this unique, sought-after community!
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Our Executive Mortgage Banker:
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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 | $287,920 | $287,920 | $287,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | $125 | $125 | $125 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,635 | $1,726 | $2,315 |
| Total Monthly Payment | $1,835 | $1,926 | $2,515 |
* 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.