|
Experience a unique blend of coastal charm and relaxed Florida living in the 55+ waterfront community of Friendly Shores in Edgewater, located directly on the shores of the scenic Indian River. This inviting 1-bedroom, 1-bath home offers a distinctive Cape Cod meets Key West feel—combining classic seaside character with the easygoing lifestyle that makes Florida coastal living so special.
Inside, the home features a bright and welcoming kitchen, durable vinyl flooring, and a comfortable layout designed for simple, relaxed living. The coastal-inspired design gives the home the feel of a charming seaside cottage, where natural light and breezy tones create a warm and inviting atmosphere.
A standout feature is the enclosed 8' x 18' patio with A/C, providing valuable additional living space. This flexible area can serve as a sunroom, hobby space, reading lounge, or a cozy place to entertain friends after a day spent on the water. It’s the perfect extension of the home for enjoying Florida’s year-round sunshine.
Beneath the home, spray foam insulation installed in 2025 adds energy efficiency and comfort, helping maintain a more consistent interior temperature.
Life in Friendly Shores centers around the water. Residents enjoy direct riverfront access with a shared fishing pier and a small private marina, making it easy to launch a boat, cast a line, or simply relax while watching dolphins, manatees, and breathtaking sunsets over the river. The community clubhouse and gathering areas provide additional spaces to connect with neighbors and enjoy the friendly coastal atmosphere.
Whether you’re spending the morning fishing from the pier, heading out on the boat for a cruise along the Indian River, or relaxing in your coastal cottage-inspired retreat, this property captures the essence of laid-back waterfront living.
Conveniently located near local shopping, dining, and parks, this home offers an affordable opportunity to enjoy true riverfront community living in one of Edgewater’s welcoming waterfront neighborhoods—where the charm of Cape Cod character meets the colorful, relaxed spirit of Key West. ??????
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:
$95,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $76,000 | $76,000 | $76,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $77 | $77 | $77 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $468 | $480 | $631 |
| Total Monthly Payment | $620 | $632 | $783 |
* 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.