NEW CONSTRUCTION. Model is now open. You can drive the complex and see the buildings. All condo info and features is uploaded to MLS or request community website info. Botanika at Bonita Fairways is a new community within the Bonita Fairways. This corner end unit Aspen 1 model condo has 1 bedrooms + Den and 2 full baths. Unit has a 1st floor unit # but actually is on the 2nd floor because there is parking under the building on ground floor. Built to the newest codes and includes large screened-in balconies, storm resistant impact windows and doors, modern kitchen with quartz countertops, stainless steel appliances, designer cabinetry, under-cabinet lighting and much more! This four story building is designated for covered parking and an elevator will bring you to your unit! Botanika has it's own resort-style pool, spa and clubhouse. All this, plus Bonita Fairways’ fantastic amenities including gated entry, 18-hole golf course with pro shop, lighted tennis courts, pickleball, yoga lessons, art classes, bocce ball, fitness center, cafe & clubhouse with banquet hall. Prime location just minutes to SWFLs most beautiful beaches, Promenade, Coconut Point, Mercato and more. Estimated completion is June of 2024. Gate open between 6 am - 6 pm. Buyer DOES NOT pay for golf course maintenance in their maintenance fee. They get a discount to play golf as an owner at Bonita Fairways. Golf course is privately owned, open to the public and self managed. See uploaded info on golf course and Bonita Fairways community info.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $348,000 | $348,000 | $348,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,315 | $2,313 | $2,935 |
Total Monthly Payment | $2,390 | $2,388 | $3,010 |
* 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.