285 Nassau DRIVE, Palmetto, FL, 34221 | $237,900

PRICE REDUCED ON THIS SHARE AND HOME PACKAGE!!! Tropic Isles Co-Op is a 55+ Resident Owned Community Tropic Isles has an agreement with Citrus Mobile Homes to build Jacobsen Homes on selected lots on the community. This is one of such lots. See Rules & Regulations. Application approval is required. Tropic Isles is a 55+ community and sits on 2. 5 miles of waterfront property on Terra Ceia Bay in Palmetto. Minutes to Snead Island and Emerson Point. Maintenance fee per month is $258. Amenities to include: 2 gathering places for large or small events, pool & spa, workout room, library, small meeting rooms, marina with a bait shop, fuel, boat launch, a large auditorium with a commercial kitchen, stage, and kayak launch behind on the canal. Listing price is for lot/share only. This model home was installed by Citrus Meadowood Homes. The share ( $50, 000. 00 ) is sold by Tropic Isles Co-op Inc. The price of the home , $187, 900. 00, is paid to Citrus Meadowood Homes. The total amount for the share and the home is $237, 900. 00 !! Great buy!!

Features

  • Lot Size: 45 x 70
  • Lot Desc: Interior Lot
  • Pet Policy: Yes
  • MLS#: A4498817
  • Days on Market: 1256 days
  • Website: https://www.raveis.com
    /prop/A4498817/285nassaudrive_palmetto_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 11:17:09 AM)
Listing courtesy of NEW CHAPTER REAL ESTATE   Phone: 941-720-2513

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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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285 Nassau DRIVE, Palmetto, FL, 34221

$237,900

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $190,320 $190,320 $190,320
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,282 $1,265 $1,605
Total Monthly Payment $1,357 $1,340 $1,680

* 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.