|
One or more photo(s) has been virtually staged. Experience the quintessential Florida lifestyle in this meticulously maintained residence located in Paradise Bay, a vibrant 55+ "Best Kept Secret" waterfront community. This home shows beautifully and offers the rare privilege of owning one of only four properties in the entire park with a private rooftop deck. From this elevated vantage point, the new owners will enjoy serene bay views and stunning sunsets without the bay front price tag. Paradise Bay is currently undergoing an exciting period of revitalization, making it one of the most desirable locations in the area. The community is seeing the addition of numerous new units, the clubhouse is undergoing a beautiful renovation, and a brand-new dock has just been installed at one of the two boat launches. Residents enjoy a temperature-controlled pool and spa, professional-grade shuffleboard courts, pickleball courts, bocce and a marina with easy access to the Intracoastal Waterway—all just minutes from the pristine beaches of Anna Maria Island. The property itself is in top condition and has been cared for with an incredible eye for detail. Per the seller, only the ground-level lanai received water during recent storms. Following the hurricane, the sellers proactively made significant 2025 improvements to ensure total peace of mind, including a fully updated kitchen with granite countertops, two renovated bathrooms w/granite vanity tops, and brand-new sub-flooring and insulation. The interior has also been refreshed with new carpet and luxury vinyl tile throughout. Please be sure to view the uploaded full list of improvements to see the extensive work done to the framing, plumbing, and mechanicals. Oh and there is a a large storage area to boot! Don't wait—make this unit yours and spend next winter enjoying bay views from your rooftop deck!
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:
$325,000
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 | $260,000 | $260,000 | $260,000 |
| 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 | $112 | $112 | $112 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,538 | $1,622 | $2,124 |
| Total Monthly Payment | $1,725 | $1,809 | $2,311 |
* 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.