This partially furnished 1 bedroom, plus 14 x 13. 5 bonus room, 1 bath condo/villa with 879 sq. ft. is ready for you to bring your bags to enjoy the Florida Sunshine Living! It is an end unit with extra windows in the living room for lots of natural sunlight and the bonus room is currently used as a home office and a gym. Previously it was used as a bedroom. This home is in the well-maintained Active 55+ Community of Parkway Villas in Bradenton. This is one story, so it isn't subject to all the newer costly rules for high rise condos in Florida. Its prime location is only 10 miles from beautiful Bradenton Beach and all the essential amenities for a comfortable Florida lifestyle including being near shopping, dining, healthcare, nature preserves, Sarasota airport and more. With lots of natural light due to being an end unit, beautiful wood floors in the living room, a carport to keep the sun off your car, and a washer/dryer in the unit, you will find it to be a wonderful place to use as your full-time home or winter get away. Residents can take advantage of the community pool and clubhouse, an active community calendar, and the $337 monthly maintenance fee INCLUDES your internet and cable service.
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Our Executive Mortgage Banker:
Our Insurance Division:
$144,500
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 | $115,600 | $115,600 | $115,600 |
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 | $21 | $21 | $21 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $798 | $779 | $983 |
Total Monthly Payment | $894 | $875 | $1,079 |
* 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.