**BOCA ROYALE MAINTENANCE FREE VILLA*** GORGEOUS LAKE VIEWS! ***LARGE LANAI***STEPS TO THE HEATED POOL & SPA***WHOLE HOUSE HURRICANE IMPACT WINDOWS***PANORAMIC LAKE VIEWS***NO CDD***NOT IN A FLOOD ZONE*** This like new Villa was completed in 2013 & offers 2 bedrooms, 2 baths, a den, an attached 2 car garage. Some of the many upgrades in this home include new flooring in bedrooms, granite counter tops, upgraded cabinets, extended lanai, coffer ceilings in great room, and impact windows. Kitchen & dining areas adjoins the Great Room which opens to the over sized lanai and the inviting lake views beyond. The master bedroom is spacious with his-n-her closets, and double sinks plus a walk-in shower. Home features barrel tile roof. and a brick paver driveway & walkway. Just a few steps to the Martinique area heated pool and spa. HOA fee includes, the community pool & spa, ground maintenance, irrigation, roof replacement, exterior painting, gated entries, common area maintenance, private roads, and the social membership dues & fitness center fees are INCLUDED in the HOA fees as well. Boca Royale is a gated community with monitored entry gates, an 18 hole golf course, 6 clay tennis courts, 8 new Pickleball courts, and a fitness center. The clubhouse has recently gone through an extensive renovation with a large bar, several seating areas, including high tops, all overlooking the golf course. Pickleball, tennis, and golf memberships are optional & readily available. Boca Royale is ten minutes from the Manasota Key beaches & the Gulf of Mexico, and convenient to all area services. Whether you need a seasonal home or a permanent residence, this one is worth looking at. This just may be your new **HOME SWEET HOME**
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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 | $327,200 | $327,200 | $327,200 |
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 | $226 | $226 | $226 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,177 | $2,175 | $2,805 |
Total Monthly Payment | $2,478 | $2,476 | $3,106 |
* 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.