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Are you looking to plant roots in an intimate, boater-friendly community where every sunset feels like a private celebration? This is a rare, blank-canvas opportunity to build your dream getaway in a charming, a gated 54-unit mobile home community located directly on the pristine waters of Lemon Bay! Why will you love it here? With rentable boat slips right in your own community’s small marina, and the ability to launch right here, you’ll enjoy every boater’s dream in this part of Florida--seamless access to Stump Pass and the legendary deep-sea fishing on the Gulf of America. So, no more idle time storing your boat or trailer. In fact, that’s free here at Stump Pass! No bridges in the way, and sandbars are waiting minutes away to meet your fellow beach and water lovers. This lot enjoys southern water views. Plus, with a quiet recreational area immediately behind the property, you’ll never have a neighbor behind you. Just steps away from the local favorite Lighthouse Grill & Tiki Bar, you can enjoy bayfront dining, live music, and sunset cocktails. For those with larger vessels, a full-service marina with dry storage is located right next door. Bring a Neighbor—at this time, the lot next door is also available for purchase. This is a perfect setup if you’ve been dreaming of having a family member or best friend live right next door. After recent storms, this intimate community is evolving. This is your chance to get in on the ground floor of a neighborhood that values resilience, connection, and the laid-back Florida lifestyle. Park Pointe is a deed-restricted, approximately 10-acre neighborhood that only allows manufactured homes, with affordably low association fees. Buyers will own one share of stock in Park Pointe, Inc. , a limited corporation cooperative with only 54 stockholders. No pets allowed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$99,000
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 | $79,200 | $79,200 | $79,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $474 | $494 | $647 |
| Total Monthly Payment | $549 | $569 | $722 |
* 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.