Presenting #1101 in Tower Pointe in the amenity-rich, 55+ Active Senior Community of Arbor Trace. This luxurious, three bedroom, 2. 5 bath end unit located in the coveted ’01 stack with Southwest exposure, features panoramic, unobstructed vistas of Little Hickory Bay and the Gulf of Mexico. A one-year labor of love by Foxworthy Interiors completed in 2018, this impressive 11th story sky residence was totally and extensively renovated from top to bottom with high level finishes to the tune of $400, 000 with no stone left unturned and no corners cut, and curated with an eye towards ageless elegance. Custom moldings throughout including beautiful wood floors with custom inlays. The great room is warm and inviting with a custom lighted wall unit including electric fireplace. The well-appointed kitchen was opened to the living room and features custom cabinetry, granite and porcelain counter tops, farmer’s sink, Bosch/GE Monogram stainless-steel appliances including wine cooler. Large, private master retreat with superb bay/gulf views, impressive custom closet system and quality master bath that will surely pamper the most discerning of owners. The third bedroom with built-in closet system and murphy bed could also be used as an office/den/study. NEW in 2023/2024: Trane HVAC with medical grade air filtration system, water heater with water filtration system, Electrolux washer and dryer, Fabrica sculptured wall-to-wall carpet in the master retreat, Delta kitchen faucet and lanai screening. There are also electric window blinds on the kitchen and dining room windows as well as electric hurricane shutters on the lanai. This unit also comes with extra air-conditioned storage as well as a one car garage. Arbor Trace is a pet friendly 55+ active independent adult living community. Feel as though you are on vacation every day with wonderful amenities that include heated pool/spa, fitness center, card room, library, billiards room, bocce ball, pickleball, active social calendar, hair salon, two guest suites, movie nights, 17th floor club as well as 36, 000 sq. ft. clubhouse with on-site fine dining. Additional services include local transportation, housekeeping, and 24 hour emergency monitoring for peace of mind. This tasteful residence is one you will feel proud to own. Even the lovely art and furnishings are negotiable. Also be sure to inquire about the future option to move to the adjacent Assisted Living Property at Arbor Glen if future planning requires. Active, independent adult living never looked this great!
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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 | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $736 | $736 | $736 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,452 | $8,452 | $11,590 |
Total Monthly Payment | $9,313 | $9,313 | $12,451 |
* 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.