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Motivated Seller!!
Refurbish or Start Fresh! NO HOA and down the street from ODA. That is The Out-of-Door--Academy, Lower School for grades Pre-K to 5th Grade. The home has been cleaned out and treated. The property next door, MLS #A4627368 is also available for SALE with a lot size of 10, 880 sf. The 2 lots combined are nearly a 1/2 of an Acre. WOW! Build your Beach home that you have been Dreaming about or restore both homes with your own decorative touches. Comes with a New Pool that is less that a year old, and the next door property has the same, except for an addditional, large screened-in Lanai. Walking distance, just a tad over a 1/2 mile, to Siesta Village and Beach Access # 2, known to the locals as Patriot's Pier. The attached Photos after the first 3 are pre-hurricane and show what the homes potential! * Seller will consider owner financing with large deposit*
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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 | $535,200 | $535,200 | $535,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $847 | $847 | $847 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,339 | $3,516 | $4,480 |
Total Monthly Payment | $4,278 | $4,455 | $5,419 |
* 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.