Enjoy this renovated and updated #101 residence on the sunny southwest corner of Tower Pointe in the amenity-rich, 55-plus active senior living community of Arbor Trace with 100% equity ownership. This newly updated neutral-décor property offers a flexible three-bedroom or two-bedroom plus den, 2. 5-bath floorplan. It also includes a convenient, private one-car garage close by. Conveniently on the first residential floor, the second floor, with a stairway immediately adjacent to the residence. Features include a large western-oriented wrap-around lanai for outdoor living and dining, and endless preserve views for nature watching with owner’s suite access and electric storm shutter protection. Plantation shutters, high-end luxury vinyl flooring, freshly painted throughout, new kitchen appliances, countertops and backsplash, impact windows and locked storage unit on the same level. Arbor Trace offers a full schedule of activities with amenities including a fitness center, unbelievable library, movie nights, an outdoor pool and spa, beauty salon and barber shop. The 17th-floor club offers sunset viewing and gatherings in addition to fine dining available with a wide variety of menu options in the 36, 000-square-foot clubhouse as well as social, cultural, recreational, educational programs, putting green, horseshoes, shuffleboard, bocce, tennis and pickleball. Added comfort and security services include a 24-hour medical monitoring system, transportation to medical appointments, concierge services, shopping and group outings, and two guest suites.
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Our Executive Mortgage Banker:
Our Insurance Division:
$935,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $748,000 | $748,000 | $748,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.876% | 6.850% |
Monthly Tax Payment | $507 | $507 | $507 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,852 | $4,852 | $6,567 |
Total Monthly Payment | $5,451 | $5,451 | $7,166 |
* 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.