PRICE REDUCTION!! HIGH AND DRY WITH NO HURRICANE DAMAGE! Welcome to easy living with this beautiful ground floor, 2 bedroom, 2 bath condo in popular Villas of Lake Arbor. A 55+ plus maintenance free pet-friendly community located in a NO FLOOD ZONE/NO EVACUATION. The kitchen features an eat-in area, stylish built in shelving with plenty of pantry storage. A convenient inside laundry room includes a full-size washer and dryer. NEW Electrical Panel 2024. NEW Frigidaire side by side stainless steel refrigerator. The primary bedroom includes a walk-in closet and sliding doors provide access to the Florida room. Both bathrooms have been updated with quartz countertops A HUGE bonus on this two-story condominium is they do not require a milestone inspection. You'll be steps away from the beautiful heated pool and lakeside fishing pier with gorgeous serene views! The grounds are beautifully maintained with gathering tables to enjoy. Covered carport parking right outside your front door! The HOA covers water, trash, cable, roof, internet, building insurance, exterior maintenance. New tile roof 2023. Great location close to shopping areas, dining, and gorgeous gulf beaches!
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:
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,777
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 | $199,822 | $199,822 | $199,822 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $112 | $112 | $112 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,329 | $1,328 | $1,713 |
Total Monthly Payment | $1,516 | $1,515 | $1,900 |
* 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.