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Under contract-accepting backup offers. This bayside canal stilted home has direct access to the Gulf of America features a heated pool with sixty feet of dockage on a flow through canal. The canal is 4 ½ feet at mean low tide and 8 ½ feet at the dock. The boat ramp is 500 yards away. Everyone loves the outdoor space, which features hardy board siding, impact windows and sliding glass door, tiki hut, gas barbeque grill, bait freezer, ice machine (makes 300 pounds of ice), mini refrigerator, open-air shower with a conch shell head, fish cleaning table, electric, water, dock box, storage room with refrigerator, two swings and a shed. When in season, you can harvest your own fruit. There are bananas, lemons, limes, mangos, mulberries, papayas, pineapples, and star fruit. Imagine yourself sitting on the swings watching the manatees go by while the breeze nourishes your soul. Your mind is at ease, just nature at its best.
This is an established vacation rental home with $71k in future rentals. The home has sixty eight 5 Star Reviews on VRBO #1852471, and the website is SachsBaysideBungalow. All furnishings, 26 foot Seacat w/ twin Yamaha 150 hp with trailer and fishing and lobster coordinates and the rental business are left for the convenience of the buyer. As you walk in, the porcelain tile floor creates a sense of openness. The kitchen has custom cabinets, granite counter tops, a bar that seats four, refrigerator, glass top range with a convection oven, built-in microwave, dishwasher, and tile backsplash. The communal area has vaulted ceilings and plenty of entertainment space. The primary bedroom is very roomy and has an ensuite bathroom. The guest bedrooms are spacious allowing multiple beds. All bedrooms have high end ceiling fans and large closets. Let us not forget the full size washer and dryer. The HVAC system and tankless electric hot water were replaced in 2019. Come and live the dream and discover for yourself why so many love the Florida Keys.
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William Raveis Real Estate
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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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.726% |
Monthly Tax Payment | $608 | $608 | $608 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,399 | $6,654 | $9,053 |
Total Monthly Payment | $7,132 | $7,387 | $9,786 |
* 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.