Spacious open floor plan with high ceilings and two terraces in world renown nudist community. This great room concept has an extra large kitchen with lots of cabinets and drawers, a preparation island, pull out drawers, granite counter top, extra large breakfast bar and recessed lighting. The laundry room next to the kitchen has cabinets. The living room has sliding glass doors that lead to the screen enclosed terrace. A second terrace is shared by the primary bedroom and second bedroom. Sliding glass doors from both bedrooms lead out to the terrace. All three bedrooms have walk in closets and also built in speakers at the ceiling. The primary bedroom suite has two walk in closets, a private bathroom with a pocket door that leads to the bidet, double vanity and linen closet. The shower has wall to wall tiles, a tiled seat, and two shower heads with two separate thermostat controls. The living room has surround sound built in speakers and an electric outlet in the floor. There is a barn door in the living room that hides a small bonus room ideal for a small home office, massage table or storage room. The condo features an electronic chairlift. The foyer has a coat closet. The garage is downstairs. The garage has a small storage room, electric garage door opener and painted flooring. The home has a Kinetico water system. The Terraces is the newest phase of development in this world renown nudist resort. Just minutes from shopping plazas, public golf courses, fitness centers, and shopping malls. Only about 25 minutes from Tampa International Airport and about 45 minutes to the Gulf of Mexico. This condo is in a gated nudist community. With a yearly paid membership to the resort residences can enjoy use of the heated pool, two water volleyball pools. conversation pool, hot tub, nightclub, restaurant, Keywest Bar, tennis courts, pickle ball and more. This condo would make a great primary residences or second home. There is a beautiful video of the property provided online. Seller is considering Seller finance with 30% down, interest rate 5%, amortized 30 years with a balloon payment in five years. Mortgage would have to comply with the Dodd Frank guidelines.
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William Raveis Mortgage, LLC
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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 | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $309 | $309 | $309 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,507 | $2,505 | $3,120 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.