Welcome to your coastal retreat in the serene and popular community of Bay Forest, west of 41 on Vanderbilt Drive between Wiggins Pass and Bonita Beach Road.
This immaculate, modern, updated 3rd (top) floor unit with cathedral ceilings (and garage) in Bermuda Bay 1 offers luxury and tranquility. With 2 bedrooms plus a den and 2 bathrooms, this home is perfect for those seeking comfort and space. Close, but not too close, to community pool and tiki hut. Tile roof is 4 years old; new HW heater; quartz counters, 2-year old appliances; tile and wood laminate floors. Situated on 150 acres of natural beauty, Bay Forest provides a peaceful setting bordering the backwaters of the Gulf. Delnor Wiggins and Barefoot beaches are just a few miles away, while Southwest Florida International Airport is a convenient 30-minute drive. Residents of Bay Forest enjoy over two miles of walking paths, including a NEW $4. 5 MILLION BOARDWALK UNDER CONSTRUCTION (Progress updates in Documents), which will extend through mangrove preserves and into estuaries of the Gulf. Tennis and pickleball enthusiasts will appreciate the resurfaced courts (3 of each), plus bocce and shuffleboard. The clubhouse serves as the hub for social events and indoor activities, with a fully equipped kitchen, bar, library, fitness centre, and more. Don't miss this opportunity to experience the beauty and diversity of Southwest Florida living at Bermuda Bay 1.
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Our Executive Mortgage Banker:
Our Insurance Division:
$460,000
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 | $368,000 | $368,000 | $368,000 |
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 | $170 | $170 | $170 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,542 | $2,479 | $3,130 |
Total Monthly Payment | $2,787 | $2,724 | $3,375 |
* 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.