23700 Merano CT, #101, Estero, FL, 34134 | $849,000

Imagine having your first cup of coffee on your lanai while enjoying the quiet, Southern lake view from your 1st floor home in Merano at The Colony. This bright and open unit offers a seamless blend of elegance and functionality, featuring 3 bedrooms and 3 full bathrooms with attached 2-car garage. Upon entering, you'll immediately notice the spacious and split layout designed to accommodate modern living. Whether you're hosting gatherings or enjoying quiet moments, the open-concept living and dining area offers versatility and style while the well-appointed kitchen makes preparations a breeze. The oversized primary bedroom boasts comfort and convenience with a spacious closet as well en-suite with dual sinks, soaking tub and separate shower. The guest bedroom lends itself to privacy with its own updated en-suite and third bedroom is very easily converted into a flex/den. The home was recently painted throughout including new flooring in all bedrooms. Home has electric hurricane shutters on the lanai, plantation shutters throughout, including gorgeous light fixtures. Merano owners enjoy a lap pool and spa with attached remodeled kitchen and small fitness room. Pelican Landing Amenities Include- Private Island Beach Park with Ferry Service from community marina, Kayaking/Canoeing, Sailing, Tennis Center, Pickleball, Bocce, Upscale Health Club & Active Community Calendar. 2 Optional Private Golf Clubs within the Community.

Merano is currently having it’s roofs replaced and buildings painted to reflect a more modern and updated appearance.

Features

  • Heating: Central Electric
  • Cooling: Ceiling Fan(s), Central Electric
  • Amenities: Golf Non Equity, Beach - Private, Bocce Court, Pool, Community Room, Community Spa/Hot tub, Fitness Center, Fitness Center Attended, Internet Access, Marina, Pickleball, Private Beach Pavilion, Private Membership, Restaurant, Sidewalks, Street Lights, Tennis Court(s), Gated, Golf Course, Tennis
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Sink
  • Complex: MERANO
  • Year Built: 2003
  • Common Charge: $3,094 Annually
  • Approx Sq. Feet: 2,790
  • Acreage: 0.16
  • Est. Taxes: $8,793
  • Lot Desc: Zero Lot Line
  • View: Pond
  • Water Front: Yes
  • Pet Policy: Number Limit
  • Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer
  • MLS#: 224077957
  • Days on Market: 71 days
  • Website: https://www.raveis.com
    /prop/224077957/23700meranoct_estero_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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23700 Merano CT, #101, Estero, FL, 34134

$849,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $679,200 $679,200 $679,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $733 $733 $733
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,349 $4,349 $5,963
Total Monthly Payment $5,174 $5,174 $6,788

* 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.