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55+ co-op share in Chateau Village, Bradenton. Vacant corner lot for a new single or double-wide home. No lot rent. Flood Zone X.
Build your Florida getaway on this vacant corner lot in Chateau Village, a resident-owned 55+ cooperative community in Bradenton. This co-op share includes the right to place a new manufactured home on the site, with both single-wide and double-wide homes permitted. The lot previously accommodated a double-wide home and is ready for a new installation. There is no lot rent, making this an affordable opportunity within an established resident-owned community.
Water and electricity are available nearby for future connection. After purchase, plans for the new home are submitted to the association for approval in accordance with community guidelines. Homes are required to include a carport and storage shed. Whether you choose a single-wide or double-wide design, this lot offers the flexibility to create a home that fits your needs.
One of the strongest advantages of Chateau Village is the value included in the $250 monthly fee. Residents enjoy water, sewer, trash service, cable television, internet service, lawn care, community pool access, shuffleboard courts, clubhouse amenities, an on-site manager, and convenient back-gate access. These services and amenities are included through the resident-owned cooperative community.
Conveniently located near shopping, dining, banks, healthcare services, Sarasota-Bradenton International Airport, and Florida's Gulf Coast beaches, Chateau Village offers easy access to many of the area's most popular destinations. Whether you are planning a seasonal retreat or year-round Florida living, this vacant lot provides the opportunity to place a new manufactured home in a well-established cooperative community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$34,000
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 | $27,200 | $27,200 | $27,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $163 | $172 | $224 |
| Total Monthly Payment | $238 | $247 | $299 |
* 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.