MOVE IN READY! Breathtaking Gulf of Mexico views from every room! Unit 1105 is new on the market in Tower Pointe at Arbor Trace, an active adult 55+ community offering an array of amenities! This spacious 2 bedroom, plus den, 2 bath condo is beautiful and can be turnkey furnished! Decorated in coastal blues & whites, this 11th floor unit is cozy & comfortable with plenty of natural light. Enjoy the stunning Gulf of Mexico views! The unit faces west and has a large screened-in lanai so you have the most beautiful sunsets every evening. Master bedroom is spacious with a walk in closet, additional closet & gorgeous Gulf views with access to the outdoor screened in lanai. The guest bedroom has plenty of closet space & has a screened in balcony to enjoy anytime! Laundry is in residence with a washer/dryer and electric hurricane shutters throughout the condo. The unit comes with a spacious 1 car garage (K4) with plenty of guest parking, making it convenient for visitors. The community, Tower Pointe, is a 55+ community offering all the amenities you would expect in an active adult community, including fitness center, group classes, swimming, tennis, fine dining, educational and recreational activities, transportation to local medical appointments, shopping, and group outings. The community also offers housekeeping and maintenance services that are optional but available when you need them. Arbor Trace offers round the clock emergency monitoring & caters to your every need with personalized attention & privacy. A wonderful place to retire or downsize! Also be sure to inquire about the future option to move to the adjacent Assisted Living Property at Arbor Glen if future planning requires.
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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 | $876,000 | $876,000 | $876,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.636% | 6.559% |
Monthly Tax Payment | $506 | $506 | $506 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,465 | $5,537 | $7,571 |
Total Monthly Payment | $6,096 | $6,168 | $8,202 |
* 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.