THE ESTUARIES at TERRA CEIA GULF AND BAY CLUB. New to the rental market is this absolutely fabulous 1 bedroom 2 bathroom second floor condo overlooking Terra Ceia Bay from the screened in lanai. This condo features an eat in kitchen, open floor plan with a living room and dining area combination and the second bedroom has been turned into an office/ den/ reading room. You will love the Western exposure of this condo and your views of beautiful sunsets sunsets over the bay. Terra Ceia Bay Club is conveniently located within minutes to downtown Palmetto and the waterfront district and just over the Green Bridge and the Manatee River to Bradenton`s River Walk area. Terra Ceia is conveniently located to the I-75 and I-275 interstate exchange access to travel to St. Petersburg, Tampa or Sarasota. This condo is perfect for transitional housing and available as a seasonal or off season rental. There is a satellite community pool across the street for your enjoyment. Terra Ceia Gulf and Bay Club also has exceptional amenities such as an on site restaurant, pro shop and golfing, fitness center, tennis and pickleball courts, fishing pier and wonderful sidewalks to enjoy an evening walk. (Utilities are included with a $100 cap on the electric).
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Our Executive Mortgage Banker:
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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 | $2,560 | $2,560 | $2,560 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $17 | $17 | $22 |
Total Monthly Payment | $92 | $92 | $97 |
* 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.