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Under contract-accepting backup offers. Welcome to this move-in-ready turnkey furnished condo with beautiful water views in the wonderful community of Fairways of Capri. This larger 2nd-floor end unit condo is 3 feet wider than interior units, and six additional windows in the bedrooms and bathrooms provide an abundance of extra light. The cozy kitchen has all the conveniences including a pass-through bar area to the dining room. The spacious living & dining room is a great space for friends and family to gather after a day at the beach or the nearby community pool. A split bedroom floor plan also provides privacy for you and your guests. Enjoy the views of the well-maintained landscaping and wildlife around the pond from your 15’ x 6’ screened balcony. This condo has an in-unit stacked washer & dryer and is also pet-friendly! Your carport is just steps away and has a driveway long enough to park a second car, and there is also a 6’ x 5’ storage room for this condo behind the carport. A thoughtful design features a covered roof all the way from your car to your front door making it much easier on hot sunny days or during tropical showers to carry your packages home without getting wet. This condo is affordably priced so you can make updates to truly make it yours. This is a wonderful opportunity to have an affordable winter retreat or add to your investment portfolio as this complex has more flexible rental guidelines. Fairways of Capri is a well-managed and well-funded community that has one of the largest heated pools and clubhouses in the Capri Isles area and it offers numerous social activities year-round. The monthly condo fees include all of the community amenities, basic cable, pest control, exterior building maintenance, building insurance, landscaping maintenance, road maintenance, and ample reserves. A brand new (and fully funded) roof is being installed, and the AC system was replaced in 2019 as well. Located along the desirable Capri Isles Boulevard corridor, this area is popular for outdoor enthusiasts who enjoy daily walking, bicycling, golf, and the nearby conveniences of dining, shopping, and medical facilities including the state-of-the-art and award-winning Sarasota Memorial Hospital of Venice. This property is easy to show, available for a quick closing, and is ready for you to call home!
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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 | $171,920 | $171,920 | $171,920 |
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 | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,144 | $1,143 | $1,474 |
Total Monthly Payment | $1,425 | $1,424 | $1,755 |
* 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.