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Canal-front living in Indian Harbor Estates offers a relaxed coastal lifestyle with the added flexibility many search for. This property features a main 1120 Sq Ft - 2-bedroom, 2 -bath main home plus a separate Approx. 250 sq ft 1-bedroom, 1-bath in-law suite, creating an ideal setup for extended stays, visiting guests, multi-generational living, or potential income-producing opportunities (buyer to verify local regulations and restrictions). Large laundry room with walk-in storage closet attached by covered breezeway.
Recent updates provide peace of mind, including a Metal roof on the two car garage and guest house, a NEW tankless water heater, a NEW mini-split system, and NEW 200-amp electrical panel in the guest quarters. Gas is available at site for cooking and the home is on public sewer. A full-length engineered metal canopy system, approximately a $30, 000 investment, provides structural coverage over the main home, carport for boat dry storage, motorcycles, golf carts, or vehicles adding protection and long-term value.
Inside, the main residence offers a warm and inviting feel with hardwood flooring in main areas and carpet throughout bedroom quarters, a spacious concrete block living room addition, and a primary bedroom featuring a cedar walk-in closet. An ADA ramp provides convenient access to the main home. Outdoor spaces are designed to embrace the waterfront setting, from a brickwork patio and an upper deck overlooking the canal - to the lower sea wall with boat lift and storage shed for all your fishing gear in the boathouse.
Direct access to the ICW. This unique property seamlessly combines incredible waterfront utility with comfortable living. Don’t miss your chance to own a piece of Old Florida charm!
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Our Executive Mortgage Banker:
Our Insurance Division:
$434,000
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 | $347,200 | $347,200 | $347,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $466 | $466 | $466 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,054 | $2,166 | $2,837 |
| Total Monthly Payment | $2,595 | $2,707 | $3,378 |
* 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.