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Waterfront Living with Breathtaking Views – Sandpiper Resort Co-Op
Welcome to Sandpiper Resort Co-Op, a premier 55+ island community offering an unparalleled coastal lifestyle. This 2-bedroom, 1-bath water-view property presents a rare opportunity to create your dream retreat in one of Florida’s most picturesque locations.
Nestled along the stunning Anna Maria Sound, this lot offers breathtaking views of the Intracoastal Waterway, where you can wake up to the sight of shimmering waters and gentle sea breezes. Enjoy tranquil sunrises over the bay and stunning sunsets just steps away on one of the top-rated beaches in the country. The peaceful, close-knit community of Sandpiper Resort provides a serene island atmosphere, while still being conveniently located near the vibrant shops, restaurants, and activities of Anna Maria Island.
Though recently affected by storm damage, this property offers incredible potential. The existing home requires full interior renovation, allowing you to restore and personalize it to your exact taste. Alternatively, take advantage of the option to replace it with a brand-new, elevated modular home, maximizing your views and ensuring modern construction standards. Detailed spec plans are available, offering a clear vision for development.
Imagine owning a newly built, elevated 2-bedroom, 2-bath home with panoramic water views—all for under $600, 000! This is a unique opportunity to enjoy the best of both worlds: walk across the street to the pristine Gulf beaches or step onto the docks overlooking the serene Intracoastal Waterway. Whether you’re an investor, a renovation enthusiast, or someone looking for the perfect island getaway, this property is an exceptional find.
Don’t miss out on this rare chance to own a piece of paradise. Contact us today for more information or to schedule a private showing.
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:
$339,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $271,200 | $271,200 | $271,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $253 | $253 | $253 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,714 | $1,782 | $2,270 |
Total Monthly Payment | $2,042 | $2,110 | $2,598 |
* 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.