Price Improvement! Discover Lakes Edge, a serene waterfront community! This GROUND FLOOR END UNIT provides for Mesmerizing Lake Front Views and comes fully furnished! From the moment you enter, your eyes will catch the sparkling waters of the lake! With a rear facing Southern exposure, you'll have an abundance of natural light all day long, making your new home feel bright! The open floor plan is great for entertaining and provides ample space for dining and seating options! In the kitchen you'll find granite countertops, under cabinet lighting, a pantry and plenty of space for meal prepping. The breakfast bar is spacious and offers plenty of extra seating for your guests! Enjoy newer carpeting in the bedrooms, living and dining room. Freshly painted throughout, Calming neutral colors and beachy decor fill each room to create a relaxing vibe! Head outside and Relax on your lanai with your favorite cocktail while enjoying the lake views or meet up with friends at the heated pool for a swim! Enjoy watching the sunsets from the fishing pier before retreating to your private oasis for the night. When ready, wind down in your spacious lakeside Primary Bedroom featuring a walk-in closet and En Suite bathroom! Enjoy space from your guests with the split bedroom floorplan allowing your guests their own bedroom and adjacent guest bathroom with tub/shower combo. As an added bonus, this condo has a complete in unit Laundry Room with side-by-side Washer and Dryer. Updates include newer carpeting and paint, Accordion Style Hurricane Shutters on all openings providing for insurance discounts.
Lakes Edge is 10 minutes from the heart of Punta Gorda! Enjoy having quick access to downtown areas, festivities, farmer's markets, Pickleball Courts and miles of waterfront parks! Live a life of worry-free maintenance that condos can provide! With living in Lake's Edge, HOA fees are affordable and include amenities such as a clubhouse, heated pool, fishing pier, covered pavilion, sidewalks around the entire complex and outdoor picnic areas with grills! There are no age restrictions for residents. This HOA also allows 1 pet (cat, bird, or dog) up to 30 pounds! Lake's Edge resides in a country like setting providing for the sounds of crickets at night, yet is minutes to shopping, dining and entertainment! Make your Dreams become Reality and start living your Best SW Florida Lifestyle!
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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 | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $228 | $228 | $228 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,100 | $1,073 | $1,354 |
Total Monthly Payment | $1,403 | $1,376 | $1,657 |
* 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.