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INVESTOR ALERT — Highly occupied, TURN-KEY unit with property manager available AND a 5-STAR LISTING WITH RAVE REVIEWS ready to transfer for IMMEDIATE INCOME. 75 turnovers in 2025 with OVER $83, 000 in gross income!!! SLEEPS 6! Featuring a HEATED COMMUNITY POOL, COMMUNITY DOCK, and BEACH ACCESS, these units are PRIME INCOME-PRODUCING PROPERTIES with NO RENTAL RESTRICTIONS. This TURN-KEY FURNISHED property showcases UPGRADED FLOORING, CABINETS, and COUNTERTOPS, NEWER APPLIANCES, FRESH PAINT, NEW HVAC, and a NEWER HOT WATER HEATER, all complemented by GORGEOUS VIEWS of the pool and the Intracoastal Waterway. Designed with an OPEN FLOOR PLAN and ABUNDANT WINDOWS, the space is filled with NATURAL LIGHT and offers comfortable areas for relaxing and entertaining. The galley kitchen includes everything needed for a seamless stay, with a BREAKFAST BAR overlooking the dining area, living room, and LARGE SCREENED LANAI, plus a private washer/dryer closet. The PRIMARY BEDROOM features a Sealy KING mattress, the guest bedroom offers a QUEEN, and the living room includes a QUEEN pull-out sofa, comfortably accommodating six guests. FURNITURE AND LINENS WERE RECENTLY PURCHASED, with multiple sets included for easy rental turnovers, and future bookings may be transferred to the next owner. Located on Manasota Key in Englewood, this charming island destination offers nearby marinas, golf courses, boat and jet ski rentals, guided kayak tours, and more. Devine’s Turtle Bay is a boutique condominium association of just four buildings and eight units, and CONDO FEES INCLUDE BUILDING AND FLOOD INSURANCE. Situated next to Magnolia’s on the Bay and within walking distance to restaurants, live music, shopping, and the public beach, this is truly a SUPERIOR LOCATION FOR VACATION RENTERS. Call for details before this opportunity slips away. VIDEO TOUR AVAILABLE HERE: https: //www. dropbox. com/scl/fi/6apqjtj323o8myl54ucgr/2375-N-Beach-Rd-2B-unbrandedVIDEO. mp4?rlkey=0gykjey7o5tu9s4ff9dqaaugh&st=e6x3ysce&dl=0
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 |
|
|---|---|---|---|
| Loan Amount | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.345% | 6.533% | 5.783% |
| Monthly Tax Payment | $477 | $477 | $477 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,361 | $2,490 | $3,260 |
| Total Monthly Payment | $2,913 | $3,042 | $3,812 |
* 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.