Bring your SAILBOAT - No Bridges to the Bay! This magnificent home will impress at first glance. Live your Florida dream vacation every day! At this location you can enjoy a day on the water with the convenience of having your boat ready for use at a moment’s notice! Perfect for entertaining there is a separate formal dining room and living room. Your guests will enjoy relaxing in the family room while you whip up your special luncheon or dinner recipes in this gourmet kitchen with fabulous stainless steel appliances, granite counter tops, gorgeous wood cabinets, an island and pendant lighting. The arched doorways add a touch of elegance as you move about this open floor plan. The Master Suite will be your refuge at the end of the day with soaking tub and large walk-in shower. Perfect for enjoying year round with family and friends is a large heated pool and spacious lanai. The 5th bedroom is on the upper level with an attached bath. It is currently being used as a bonus room with a pool table. New roof, new AC, new pool heater and new gorgeous Brazilian porcelain tile in all the bedrooms. South Gulf Cove is a very special waterfront community conveniently located close to great shopping, restaurants from casual to gourmet, world class Golf Courses, quaint Olde Englewood Village, historic Punta Gorda and Fisherman’s Village (by boat or car), and of course the beautiful Gulf Beaches of Boca Grande! Take your boat out to Boca Grande for the day or take a short (approx. 10 minute) drive to the Boca Grande Causeway to enjoy spectacular sunsets and all that fabulous Boca has to offer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$898,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,120 | $719,120 | $719,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $556 | $556 | $556 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,664 | $6,314 |
Total Monthly Payment | $5,253 | $5,312 | $6,962 |
* 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.