Welcome to Pelican Cove and this beautiful and peaceful creek-front condo on the ground floor. High and dry from the hurricanes. This ground floor condo is an end unit featuring additional end unit windows in both bedrooms for added light. Nature abounds as you relax on your southern exposure outside deck overlooking Clower Creek and the entrance to the 87-slip boat harbor. The beautiful Live Oak trees perfectly frame the water views and offer wonderful, filtered sunlight. The rear glass-enclosed lanai protrudes completely from the condo itself offering floor to ceiling windows on both ends. The condo features newer or new kitchen appliances, a raised and retextured kitchen ceiling, some new paint, new electric panel, and this comes turnkey furnished for your convenience. Every window has hurricane shutters as well. There is an outside laundry closet and your one-car carport is just steps away. PELICAN COVE FEATURES include over 30 organized clubs including art & sculpture, active yacht club, folk music, photography & cinema clubs, social clubs, and many more. There is a for-fun “Pelican Cove University” covering several diverse subjects taught by the residents, a woodworking studio, many card-playing clubs, water exercise and yoga, and a tennis club. There are several yearly jazz and cultural concerts and a few harborside concerts as well. Pelican Cove has a 24-hour gated and staffed entrance, 87-slip boat harbor with well over 100 kayak/canoe storage racks & launch docks, fishing docks, three active clubhouses, exercise room, six heated pools, a hot tub, shuffleboard, basketball, dog walk area, 5. 5 miles of meandering boardwalks & nature trails, and four lighted tennis/pickleball courts all in an award-winning community with unbelievably well-manicured tropical grounds!
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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 | $340,000 | $340,000 | $340,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $387 | $387 | $387 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,262 | $2,260 | $2,915 |
Total Monthly Payment | $2,723 | $2,721 | $3,376 |
* 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.