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TWO miles from the beautiful sandy beaches. Walk, ride your bike, or take a golf cart to beautiful Anna Maria Island and enjoy the island lifestyle without the island price tag. This affordable property offers a fantastic opportunity as a primary residence, vacation home, or income-producing investment. With the potential to generate short-term rental income, it could help pay for itself. The neighboring property is also available for sale, creating a unique opportunity to live in one home and rent the other. One of the best features of this property is that you own both the home and the land, meaning there is no lot rent. There are no HOA or association fees, although an optional annual clubhouse membership is available. Access to community boat ramp too! Property taxes and utility costs are low, helping keep ownership affordable. The home is conveniently located just a couple of blocks from Palma Sola Bay and the county park, making it easy to enjoy boating, fishing, kayaking, walking trails, and spectacular sunsets. The home features two bedrooms and one bathroom with a walk-in shower. A spacious enclosed lanai with two separate entrances provides additional living space, while the second bedroom includes a generous 8-by-6-foot walk-in closet. Parking is available directly in front of the home for added convenience. Outside, you'll find two storage sheds, an outdoor beach shower, a covered BBQ area, and a sunny deck perfect for relaxing and enjoying Florida's beautiful weather. This charming property offers an affordable way to experience the laid-back coastal lifestyle while enjoying the benefits of homeownership and investment potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
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 |
|
|---|---|---|---|
| Loan Amount | $120,000 | $120,000 | $120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.652% | 5.952% |
| Monthly Tax Payment | $122 | $122 | $122 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $739 | $758 | $996 |
| Total Monthly Payment | $936 | $955 | $1,193 |
* 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.