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Boater’s paradise with direct access to Sarasota Bay and the Gulf—no fixed bridges! This 3BR/2BA block home sits on a 10-ft elevated lot at the point of a wide canal in Coral Shores East. Solid construction with major updates: new roof (2022), kitchen and baths remodeled (2023), new pool equipment (2024), and a resurfaced pool with pavers (2020). New seawall (2017) plus reinforcements to the neighboring seawall, rebuilt dock with Trex decking, and a 10, 000 lb boat lift serviced (2023). Helical piers (2018) provide added support to the patio area. Split bedroom layout with formal living and family rooms, French doors to the pool deck, and water views from the moment you enter. Hurricane protection panels for all openings and garage door bracing included. Oversized garage with mini-split unit (not currently connected). Adjacent to community green space and docks, offering a park-like setting out back. Irrigation system on well (low monthly cost) Canal dredged in 2011 with approx. 5’ depth at low tide. Ideal for full-time living or vacation home. Sold as-is.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,025,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $820,000 | $820,000 | $820,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $442 | $442 | $442 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,982 | $5,251 | $7,087 |
Total Monthly Payment | $5,549 | $5,818 | $7,654 |
* 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.