Welcome home! this first floor fully furnished "super-two" condo with designated carport is move-in ready for the 2025 season! Perfect for a snowbird or full-time resident looking to enjoy the Florida lifestyle. This light & bright property offers gorgeous lake and golf course views. Kitchen offers matching white cabinetry w/nickel hardware, quartz counters, ceramic tile backsplash & pantry. Newer porcelain tile throughout the main living areas. Enjoy a beverage on your private tiled screened-in lanai with hurricane impact sliders which adds to the square footage. Large laundry room with washer, dryer, & plenty of storage for your beach supplies. A/C installed in 2018 and hot water heater installed in 2020. Roof is 15-years young. Move in stress-free, just bring your golf clubs or pickle ball paddle. Andover Square is one of Royal Wood's six condo villages and offers newer carports/street lights & is a short walk to the putting green & clubhouse. Meet your new neighbors at Andover's heated pool, tennis court w/pickleball lines, vehicle car wash station, or walk to the clubhouse to enjoy the restaurant, fitness center offering a variety of classes, pro-shop, library, fire pit, corn hole games, etc. Royal Wood offers an 18-hole championship golf course w/multiple tees, 2 practice areas & walk-on privileges. Golf memberships are immediate with no waitlist, reciprocals off- season, and 70 new golf carts add to the fun! Social activities include live music, happy hours, karaoke, cards, trivia, bingo, name that tune, golf scrambles, holiday dinner dances & more! Located just 6 miles from Naples' famous 5TH AVE South, 3RD ST South & beautiful Gulf beaches Royal Wood is also just a few short miles from Naples Pickleball Center, Celebration "food truck" Park, Tin City, Sugden Park, Naples Botanical Gardens, Physicians Regional Hospital & more. Take a 15 mile drive to beautiful Isles of Capri or Marco Island and enjoy your new hometown.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
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 | $51 | $51 | $51 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,796 | $1,752 | $2,212 |
Total Monthly Payment | $1,922 | $1,878 | $2,338 |
* 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.