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Under contract-accepting backup offers. Calling All Landlords, Owner-Occupants & Savvy Investors!
This opportunity in Vero Beach is one you won’t want to miss! Whether you're looking for your next project, a home to make your own, or an income-producing rental—this property checks all the boxes.
Move in today and update at your own pace, or make a few cosmetic touches and start generating rental income right away. The potential is endless! Home has a Mini split system, and if you replace carpet in one room, paint inside and replace a few windows, she is rental ready! Roof is around 12 years old, sturdy and dry.
Highlights:
Prime location just minutes from the beach and Ocean Blvd
Surrounded by top-rated dining, shopping, and entertainment
No HOA—enjoy the freedom and flexibility,
Outdoor lover’s paradise: hiking, biking, boating, kayaking, and fishing nearby,
Enjoy the peaceful, windswept beaches of Vero—without the hustle and traffic.
Bonus to the buyer. . . Seller is offering $3, 000 credit at closing if under contract and closed within 30 days!
Don’t wait—schedule your private showing today and see the potential for yourself!
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:
$164,900
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 | $131,920 | $131,920 | $131,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $118 | $118 | $118 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $823 | $867 | $1,095 |
Total Monthly Payment | $1,016 | $1,060 | $1,288 |
* 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.