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Step into the charm and energy of the vibrant Village of the Arts with this colorful circa-1925 Craftsman bungalow, complete with a classic white picket fence and endless possibilities. Perfectly positioned in the heart of one of the area’s most creative and eclectic districts, this property offers incredible flexibility for a retail boutique, art gallery, restaurant, studio, live/work space, or private residence.
As part of the Village of the Arts overlay district, the property allows for unique live/work opportunities and sits at the center of the city’s ongoing downtown revitalization and urban redevelopment. Regular Art Walks, festivals, and community events create a lively atmosphere that naturally draws visitors and supports local businesses year-round.
Located within the Tamiami Trail Community Redevelopment Area, the property may also qualify for a variety of redevelopment incentives, adding even more value to this rare opportunity. Plus, its close proximity to the future City Park — now breaking ground — is expected to bring tremendous momentum and increased activity to the surrounding area. Whether you are looking to launch a business, showcase your creativity, invest in a growing district, or simply enjoy the character of a historic home in a thriving arts community, this is an exceptional opportunity to be part of one of downtown Bradenton’s most exciting neighborhoods
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $279 | $279 | $279 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,914 | $1,991 | $2,629 |
| Total Monthly Payment | $2,268 | $2,345 | $2,983 |
* 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.