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This 3 bedroom, 1 bath home here on Little Gasparilla Island, a bridgeless barrier island off the coast of the Cape Haze Peninsula, is only accessible by private boat or water taxi, and is just a short 10-minute ride across the bay. The home has been owned together by the same three families since the early 1980s, and has been maintained and updated throughout the years, used as a vacation getaway, never used as a vacation rental. The home is the third back from the community dock that serves Coconut Palm Lane. The living space is an open concept with the kitchen and dining area opening into the living room with picture windows that make it nice and bright. The screened front porch welcomes you to come sit and relax and enjoy the views of palm trees swaying in the tropical breeze. Over the past few years, the home has been freshly painted inside and out, the bathroom tub/shower was replaced with a Bath-Fitters walk-in shower, all new windows, all bedrooms have luxury vinyl flooring, the back two have vinyl tongue and groove ceilings, Hardie siding and soffits, metal roof, new hurricane rated gable vents, the HVAC system is a little over two years old and under a maintenance contract with a/c company; it has been checked after the last two hurricanes and found to be in good working condition, two years ago all of the lower deck and the stairs leading up to the living space have been replaced. The utility room downstairs is big enough to store all your tools, fishing tackle, and beach toys. If you are looking for a quiet and relaxing place to get away, you need to come see the island and feel the stress of the mainland start to slip off your shoulders. Little Gasparilla Island doesn’t have any grocery stores, restaurants, or shops but we have 3 ½ miles of uncrowded beach to wander on and collect seashells and shark’s teeth, swim, or sit with a good book and soak up the sun. The walk to the beach is about a 2-minute walk. There is great fishing in the surrounding waters for redfish, snook, snapper, trout and more. By water there are many wonderful restaurants to cruise to. Then at the end of the day meet your friendly neighbors at the water's edge to watch the sun set on another blissful day in paradise.
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$475,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $339 | $339 | $339 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,433 | $2,526 | $3,205 |
Total Monthly Payment | $2,847 | $2,940 | $3,619 |
* 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.