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DUAL INCOME STREAM coastal SHORT-TERM rental HOME FOR SALE! ONE house - TWO rental opportunities! Fully restored coastal property located just across from Gulf waters in the desirable Hernando Beach community. This 3 bedroom, 2 bath home offers peaceful MARSH AND CANAL VIEWS with no rear neighbors other than nature and beautiful sunset skies. The flexible layout provides a rare opportunity for DUAL INCOME POTENTIAL, allowing the property to function as a 2 bedroom / 2 bath main residence with a private 1 bedroom / 1 bath suite WITH SEPARATE ENTRANCE ideal for SHORT-TERM RENTAL, guest quarters, or MULTI-GENERATIONAL LIVING. Interior upgrades include luxury vinyl plank flooring throughout, QUARTZ countertops, STAINLESS STEEL appliances, and BEAUTIFUL UPDATED BATHROOMS featuring dual vanities and a spacious frameless glass walk-in shower. Located in a SHORT-TERM RENTAL FRIENDLY AREA with strong demand driven by boating, fishing, scalloping season, kayaking, and nearby Weeki Wachee attractions. This property offers coastal living and investment potential without the premium price of direct canal-front homes. All restoration DOCUMENTATION AVAILABLE and PERMIT INFO is available. EVERYTHING on this home is NEW - drywall, paint, appliances, light fixtures, plumbing, electric, AC units, flooring, hot water heater and all the extras down to the gorgeous wood vanities and spa-like bathrooms, Don't miss out on the opportunity to own a piece of rental paradise in this gem of a true Florida coastal area - eclectic waterfront restaurants, Rogers Park, Pine Island Beach, local shops and the best sunsets you will see anywhere in the world! (Boat and kayak rental available within minutes of the property and there is a public boat launch around the corner and kayaking behind the home!) Don't miss the backyard amenities and view!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$424,500
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 | $339,600 | $339,600 | $339,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.668% |
| Monthly Tax Payment | $205 | $205 | $205 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,009 | $2,091 | $2,752 |
| Total Monthly Payment | $2,289 | $2,371 | $3,032 |
* 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.