LOCATION. . LOCATION. . LOCATION. . . . THIS LAKEFRONT HOME IS BEING SOLD FURNISHED & IS LOCATED ONLY 1. 6 MILES AWAY FROM THE GULF OF MEXICO AND THREE BEAUTIFUL BEACHES located nearby on Manasota Key. PENNINGTON PLACE IS A HIDDEN GEM and a smaller FRIENDLY, GATED, & MAINTENANCE FREE COMMUNITY of only 134 Homes AND 60 Villas with LOW HOA FEES of only $319 per month. This 2011 BUILT 3 BR, 2BA HOME has a BRAND NEW ROOF (Feb 2023) , THE EXTERIOR was recently REPAINTED, it has a Newer AC (Sept 2022) and has a VERY OPEN FLOOR PLAN with 9' Ceilings with CROWN MOLDING. You will certainly enjoy the BEAUTIFUL LAKE which also has a LIGHTED FOUNTAIN. Enjoy your morning coffee, or grab a book and enjoy the private, tranquil and magnificent outdoor setting while gazing at the native Florida birds, river otters and nature at its very best. The kitchen boasts 42" wood cabinetry, two large pantry areas, granite countertops and stainless steel appliances (mostly all were replaced in 2020). The third bedroom is currently set up as an office with a sleeper sofa, but it does have a closet and can be a third bedroom, if desired. The community pool has both a HEATER and a CHILLER to maintain the perfect temperature all year round. The second gated entrance on Manasota Beach Road goes directly to MANASOTA KEY where THREE Pristine Beaches Await you. Conveniently located nearby shops, restaurants, theatres and farmers markets and only a short drive to HISTORIC DOWNTOWN VENICE and HISTORIC DEARBORN STREET IN ENGLEWOOD. NO CDD FEES HERE . . NO FLOOD ZONE and LOW TAXES !! MAINTENANCE FREE CAN'T GET ANY BETTER THAN THIS: The LOW Monthly HOA FEES of $319 per MONTH INCLUDE: BASIC CABLE TV, GRASS MOWING, RECLAIMED WATER FOR OUTSIDE IRRIGATION, COMPLETE SPRINKLER SYSTEM MAINTENANCE, TRIMMING OF BUSHES, SHRUBS & TREES, MULCHING, GRASS FERTILIZATION & LAWN PEST CARE. THIS IS A PET FRIENDLY NEIGHBORHOOD- UP TO 3 PETS ARE ALLOWED and there is plenty of community green space and sidewalks to walk them throughout the neighborhood. PLEASE CALL TO SCHEDULE YOUR SHOWING APPOINMENT TODAY. . before its too late, as homes in this spectacular neighborhood sell quickly.
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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 | $375,200 | $375,200 | $375,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $190 | $190 | $190 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,465 | $2,494 | $3,164 |
Total Monthly Payment | $2,730 | $2,759 | $3,429 |
* 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.