Don't miss this opportunity to own in Southwest Florida. This 2 bedroom, 2 bathroom second floor condo in The Manor at Morton Grove in Bonita Springs, FL makes a great first home purchase or investment property. The condo is a split bedroom floorplan and features vaulted ceilings, ceramic tile and luxury vinyl plank flooring throughout. There is newer carpet in the second bedroom. Enjoy the large eat-in kitchen with a plenty of cabinet space, breakfast counter, separate dining area and plenty of windows for natural light. The living area is very spacious and open. The master bedroom is located off of the living room and is complimented by a large walk-in closet and master bathroom with dual sinks and shower. The second bedroom is on the other side of the condo located down the hall where the second full bathroom with tub and shower combo is conveniently located. Watch the birds and get some fresh air on the screened balcony that is accessible from the living room and master bedroom. The washer and dryer are also located on the screened balcony. Flood insurance, water, & sewer, pest control, landscaping, ground maintenance, and irrigation all included with the quarterly condo fee.
The Manor at Morton Grove is a 100 unit condominium complex located in Morton Grove that includes a spacious clubhouse, large heated community pool, and 5 acres of community lakes. Strategically located close to Interstate 75 and 3. 5 miles from US 41 South Tamiami Trail and 7 miles from the beach! The Bonita Springs YMCA is across the street from Morton Grove and is walking distance. The new mixed use commercial development going in on Bonita Beach Rd just south of the community makes this location a prime area to purchase and live.
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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 | $227,120 | $227,120 | $227,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $31 | $31 | $31 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,511 | $1,510 | $1,915 |
Total Monthly Payment | $1,617 | $1,616 | $2,021 |
* 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.