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Attention Investors – Prime Bradenton Beach Opportunity! Located just one block from the sugar-white sands of the Gulf of Mexico, this 1bedroom condominium at 205 Highland Avenue #3 offers an incredible opportunity to own in one of the most sought-after areas of Bradenton Beach. Enjoy being within walking distance to beach access, popular restaurants, local shops, entertainment, and island bars, making this an attractive option for vacationers seeking the ultimate island experience.
This furnished unit features hurricane-impact windows, a screened front lanai perfect for enjoying the coastal breeze, and a covered carport parking space and a large storage closet. Residents and guests can also enjoy the community pool and benefit from low condominium fees, helping maximize investment potential.
While the property does require some updating and improvements, it presents an outstanding opportunity for buyers willing to invest a little sweat equity. With its unbeatable location and strong appeal for vacation renters, this condo offers the potential for an excellent return on investment through short-term rental programs, subject to association guidelines and local regulations.
Sold furnished. Location is everything, and opportunities like this in Bradenton Beach are becoming increasingly hard to find. Attention investors and savvy buyers: transform this island retreat into a profitable vacation rental or your own beach getaway while building equity in one of Florida's most desirable coastal communities. New stairs and landings to be installed seller has paid the special assessment.
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:
$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** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.866% |
| Monthly Tax Payment | $173 | $173 | $173 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,912 | $1,991 | $2,629 |
| Total Monthly Payment | $2,160 | $2,239 | $2,877 |
* 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.