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This is a tremendous opportunity for homeowners, investors, and snowbirds to own a brand-new, heavily upgraded home in the gated coastal community of Coco Bay - offering both lifestyle and income potential. The property is currently tenant occupied and generating rental income, with a lease in place through August 20th, making it an excellent investment or future seasonal retreat.
Furniture may be purchased separately for an additional $10, 000 (approximately $25, 000 value), providing a convenient move-in ready option if desired.
Unlike typical developer properties, this home is warm, bright, and thoughtfully designed for comfortable Florida living. The single-story layout features 3 bedrooms, 2 bathrooms, and a private oversized 2-car garage with approximately 16 inches of additional depth, ideal for extra storage, bikes, or beach gear. A private paver patio enhances the sense of privacy and the feel of a standalone home.
Peace of mind comes with excellent elevation in an X flood zone, impact-resistant windows and sliders, and structural features well-suited for coastal living. Interior upgrades include custom wall trim carpentry, soft yet vibrant interior colors, and tile flooring throughout, creating a seamless flow from room to room.
The chef's kitchen is a standout with quartz countertops, shaker-style cabinetry, and stainless-steel appliances - perfect for entertaining or everyday living. The spacious primary suite offers a serene retreat with a walk-in closet, dual sinks, a generous tiled shower, and abundant natural light.
The HOA fee includes lawn care, irrigation, and internet, making ownership easy and low maintenance. Residents enjoy access to a fully available Amenity Center, featuring a swimming pool, fitness center, pickleball courts, and a playground-ideal for relaxation, recreation, and year-round enjoyment for all ages.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | $157 | $157 | $157 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,321 | $1,434 | $1,923 |
| Total Monthly Payment | $1,553 | $1,666 | $2,155 |
* 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.