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Check out this tiny, FULLY REMODELED CBS POOL HOME near the intracoastal waterway! This unique property offers an amazing investment for less than $500k. With a variety of optional uses, it's appealing to a wide range of buyers: SINGLES, COUPLES & RETIREES Singles can simply enjoy the move-in ready home. If you appreciate Bohemian style and ease of maintenance, then welcome home to your tropical surf shack! BUILDERS may choose to use the existing approved septic permit to expand the home up to three bedrooms and 2250 square feet. Build your dream home or develop this special property for resale. INVESTORS, this property is unincorporated and has NO HOA. The existing home is perfect as a turnkey short-term rental. Expand your STR portfolio with this prime location situated between the ICW and Prosperity Farms Road. CONTRACTORS, LANDSCAPERS and anyone who needs additional storage will love the large gravel parking area with dedicated electric. Bring your boats, heavy equipment, electric vehicles and RVsā¦the driveway features a racked 200 amp panel. You will see the opportunity to own a low-maintenance, detached home with plenty of parking an RV. Skip the hassle, drama and expense of a condo and own the upside of a prime location with this completely remodeled little house. There is room to easily park a travel rig up to 60' in length and a 50 amp/240 volt outlet for charging. With vibrant tropical landscaping and abundant privacy, this is a genuine urban oasis.
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Our Executive Mortgage Banker:
Our Insurance Division:
$495,000
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 |
|
|---|---|---|---|
| Loan Amount | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.292% | 5.609% |
| Monthly Tax Payment | $242 | $242 | $242 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,217 | $2,406 | $3,209 |
| Total Monthly Payment | $2,534 | $2,723 | $3,526 |
* 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.