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One or more photo(s) has been virtually staged. The Coffey Grounds Two homes sites on 3. 5 lots on 520 ft (MOL)waterfront on bay with spring and Gulf access. The homes have had extensive remodel. While both are pre-firm (Built prior to 1981 FEMA elevation regulation) homes, they both are benefitting being elevated waterfront. The property exhibits an old Florida park like atmosphere. Only minutes from shopping and medical, including hospital, at the same time the property provides near exclusive privacy and seclusion. All but 60 feet is sea walled, supporting two boat ramps and three docks (one fixed and two floating). Also, an additional feature is a firepit and seating to add the special touch on a night of entertainment. In a narrative description there is main house and a separated/detached independent secondary home, near 900sf, +porch, 2 bdrm/1 bath for extended family, guests, friends or a supplemental income rental home. Included is a third buildable waterfront lot (60X110) adjoined. There is not a pool on site, however there is plenty of room in several areas for one to be constructed. Unlike most waterfront homes on tiny postage stamp size lots there is arm stretching room here and then some. The Main house: It is a 3-bedroom/ 2 bath home. Large living room with water views everywhere, formal dining area, reading and office area and for you ladies or our gentlemen cooks, it has a unique kitchen. Cabinets galore. The kitchen can be an eat in if desired it is certainly large enough. Did I say there was a water view everywhere here too? Yes, there is. At the end of the kitchen there is the laundry room and pantry. Very convenient. The master bedroom is split plan from the other two bedrooms with its own private outside ingress and egress. Very large walk-through closet and dressing area which leads to the master bath. The other two bedrooms are located down the hall at the opposite end of the home with an immediate full bath in hallway. After saying all that is there more? Yes again, A huge outside covered porch found on two sides of the home with two accesses from inside the home with a gorgeous view of the entire bay, encompassed by an old Florida cross-fence railing. Two more little surprises associate with the home is a nice screen/vinyl windowed porch. It is a place to sit out and enjoy, a nice area for indoor plants or maybe even a relatively private hot tub location, still with a view of the bay. Last but certainly not least with this home there is an inclusive carport located under the main roof to permit a dry transfer from car to home on a rainy day or another very nice and breezy fun porch. The many choices of its uses are yours. There is a very nice footprint on this home with a distinct fully functional character more than 1400 sf main living area, also found under the main roof an enclosed screened in porch 154 sf(Mol) and carport/porch area 264 sf (MOL). with an approximate covered roof footprint at 2300 sf which includes one of the best features, a wraparound waterside covered porch of real usable and livable space. The site extends to outside living to a large patio area and a front row seat to the activities on the bay.
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NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $717,600 | $717,600 | $717,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.132% | 6.259% | 6.183% |
| Monthly Tax Payment | $627 | $627 | $627 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,245 | $4,360 | $6,056 |
| Total Monthly Payment | $4,964 | $5,079 | $6,775 |
* 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.