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Under contract-accepting backup offers. PRICED WELL BELOW MARKET VALUE – MOTIVATED SELLERS!
Welcome to this four-bedroom, two-bath, two-car garage home with pool & spa that is solar heated (spa is gas heated) and set up for saltwater usage, with a lake view! This home is being sold as-is, and offers a rare opportunity for buyers with vision as well as an exceptional investment opportunity. Just a little TLC will turn this home into a gem! Designed with a desirable split floor plan, this home features a soaring 13-foot vaulted ceiling in the grand entranceway, formal living room and dining room, creating an immediate sense of space with natural light. The home is centered around a courtyard-style pool and spa, with 3 sets of sliding glass doors allowing access to the outdoors, offering beautiful pool views from the primary suite, formal living room, and family room—perfect for seamless indoor-outdoor living. The primary suite occupies its own private wing, complete with a large soaking tub and a walk-in shower in the primary bath. The kitchen is ideal for both everyday living and entertaining, featuring a plethora of cabinetry, a center island with high-top seating for four, an expansive open family room, and a generous breakfast nook. A separate hallway leads to three additional bedrooms and a full bathroom, along with a single French door that opens directly to the pool and spa—perfect for guests or a flexible family layout. Step outside to your solar-heated pool and spa, fully enclosed screened cage, and enjoy tranquil lake views beyond the backyard. An outdoor fire pit nestled beneath an oak tree providing shade offers a serene space to relax or entertain. Additional features include a solar water heater and HURRICANE IMPACT WINDOWS AND DOORS for added efficiency and peace of mind. This home presents an outstanding value-add opportunity with just a little TLC. The roof is 18 years old and although currently leak-free, it will need replacement and insurance quotes are available upon request. Great for buyers utilizing a 203(k) renovation loan. Financing could also be available for buyers utilizing conventional financing, inquire for more information. Located in the beautiful River Plantation community, residents enjoy access to a clubhouse, community pool, tennis courts, pickleball courts, basketball courts, playground, a two-mile nature trail, and a canoe and kayak launch into Gamble Creek. Just minutes from Parrish Community Park, Fort Hamer Boat Launch with access to the Manatee River, nearby restaurants, and major retailers. Perfectly situated for commuters between Tampa and Sarasota. Incredible potential, unbeatable location, and priced aggressively for a VERY quick sale—this is an opportunity you don’t want to miss.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.628% |
| Monthly Tax Payment | $321 | $321 | $321 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,838 | $1,939 | $2,587 |
| Total Monthly Payment | $2,234 | $2,335 | $2,983 |
* 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.