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Charming Waterfront Home with Gulf Access Discover the perfect blend of comfort, convenience, and coastal living in this beautifully updated 1-bedroom, 1-bathroom home featuring an additional bonus room ideal for use as a second bedroom, office, or guest space. With 690 sq ft of well-designed living area, this property offers an exceptional opportunity for full-time living, a vacation retreat, or a high-performing short-term rental. Located on a serene canal with direct access to the Gulf of Mexico, this home is a boater’s dream. Enjoy your own floating dock, perfect for launching kayaks, paddleboards, or simply relaxing by the water. Inside, you’ll find tile flooring throughout, an updated kitchen, and a modernized bathroom, making the home move-in ready and low-maintenance. The open layout maximizes natural light and creates a bright, welcoming atmosphere. With its waterfront location, upgraded interior, and flexible layout, this property is an excellent candidate for seasonal rental income. Don’t miss this rare opportunity to own an affordable waterfront home with endless potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$200,000
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 | $160,000 | $160,000 | $160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.487% | 5.614% |
| Monthly Tax Payment | $58 | $58 | $58 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $946 | $998 | $1,297 |
| Total Monthly Payment | $1,079 | $1,131 | $1,430 |
* 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.