Under contract-accepting backup offers. You’ll enjoy outstanding WATER AND GOLF COURSE VIEWS from this top floor penthouse location. Nestled securely within the gates of River Strand, this popular COLONADE END-UNIT, the largest of The Terrace’s floor plans, features 2 bedrooms, 2 full baths and versatile DEN. Vacant and ready for immediate occupancy, the home is a blank canvas awaiting your personal touches. Notable features include: an open floor plan, porcelain floor tiles installed on the diagonal, crown moldings, screened lanai and outside storage room for bicycles & beach chairs. HURRICANE RESISTANT WINDOWS & PATIO DOORS provide safety and peace of mind, in fact, the building was virtually unscathed in two of the worst storms in recent history, a testament to the construction and protected location. The spacious eat-in kitchen, central to all activities, features granite countertops with breakfast bar, solid wood cabinets, stainless-steel appliances, pantry, and the convenience of a separate adjoining laundry room. The owner's suite features ensuite bath with his & hers walk-in closets and the versatile den with pocketing double doors is valuable bonus space adaptable to a variety of uses including home office, media room or extra guest space if needed. Ownership includes DEEDED SOCIAL MEMBERSHIP in the 39, 000 sq ft Tuscan inspired club house with on-site restaurant and grill room, 2 state of the art fitness centers with 24/7 access, Tiki Bar, 2 resort style pools with hot tub and resistance pool, plus 8 heated satellite pools, Pickle Ball courts plus separate tennis club with 8 Har-Tru lighted courts. Close to restaurants, world-class shopping, award-winning beaches plus a variety of cultural & sports venues and activities. Costco, Walmart Super Center, Home Depot and the Ellenton Outlets are only minutes away. LIVING IS EASY & SECURE in this ACTIVE LIFESTYLE COMMUNITY, and you’ll love the LOCK & LEAVE CONVENIENCE of maintenance free living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$329,000
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 | $263,200 | $263,200 | $263,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $320 | $320 | $320 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,818 | $1,749 | $2,220 |
Total Monthly Payment | $2,213 | $2,144 | $2,615 |
* 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.