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Beachfront home on the sugary sands of Anna Maria Island! Experience the pinnacle of waterfront living with majestic sunsets and breathtaking Gulf views. This beachfront property offers two separate structures and is zoned as a land-condominium with the ability to have four separate condominium units. Being sold turnkey, the front house which is closest to the beach, offers a total of four bedrooms and four baths. The downstairs two bedrooms, two baths are ideal for guests and family for space and privacy. The bottom floor is in the process of being repaired due to damage from Hurricane Helene. The upstairs unit is in mint condition and outfitted with cathedral ceilings, laminate floors, granite kitchen counters and stainless steel appliances. The living area provides panoramic Gulf views and opens up to the exterior deck to enjoy grilling out and listening to the sound of crashing waves to help take away all your worries. The back house has two separate units, upstairs and downstairs, which are ideal for additional guest and rental income. The upstairs unit is being rented and has a full schedule for future rental reservations. Each unit offers two bedrooms and one bath. The bottom unit is in the process of being repaired due to damage from Hurricane Helene. This property offers so many opportunities to make it your own. With 50-by-100 feet of non-buildable lot owned by the owner, the property offers its private beach access. It's all about the view, the beach, the aqua blue waters and sunsets! This property is being sold as three parcels, the other two being #7486900207 and #7486900256. Schedule your showing today to see this amazing property.
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$5,900,000
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 | $4,720,000 | $4,720,000 | $4,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.754% | 6.792% |
Monthly Tax Payment | $1,738 | $1,738 | $1,738 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,062 | $30,223 | $41,441 |
Total Monthly Payment | $30,925 | $32,086 | $43,304 |
* 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.