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Location location location is key with this midcentury diamond in the rough! The property enjoys waterfront access and offers multiple docks and boat lifts that will allow residents to jet off from the backyard to the Intercoastal Waterway, and onto the Gulf beyond. Both a pool and separate in-ground pool enjoy west-facing views ideal for Al fresco dinners spent basking in breathtaking sunsets. Indoors, the home invites to you restore it to its former glory while letting your vision run wild with the possibilities. Fully remediated following Hurricanes Helene and Milton, this home has strong bones and presents a true blank slate and the opportunity to snatch up a peaceful Florida haven in a fantastic location. Situation towards the end of a quiet, no-outlet, road and surrounded by lush vegetation and shade trees, you truly feel like you're stepping back in time to a slower paced life, where there was time to sit and enjoy the simple things. Located less than a mile from Historic Dearborn Street and the shops, dining, and boutiques to be found there that also embrace and celebrate the history of Englewood, the relaxing Florida experience can be yours! Bring your boat, your golf cart, your fishing gear, and more; this home is truly what you make it! If the idea of creating your ideal Florida lifestyle is intriguing to you, call today to schedule a showing and start living the simple life!
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Our Executive Mortgage Banker:
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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 | $479,920 | $479,920 | $479,920 |
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% | 7.063% | 6.132% |
Monthly Tax Payment | $722 | $722 | $722 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,994 | $3,153 | $4,018 |
Total Monthly Payment | $3,808 | $3,967 | $4,832 |
* 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.