New Price: $138, 500. Move-In Ready Home in the Sought-After 55+ Community of Palm Lake Estates – Low Maintenance Fees & No Lot Rent! This beautifully updated 2-bedroom, 1. 5-bath home in Palm Lake Estates is the perfect combination of comfort and convenience. The home features a fully renovated kitchen with soft-close cabinets, quartz countertops, under-cabinet lighting, and new appliances. Both bathrooms have been updated, including a new tub, and the entire home boasts new flooring. Additional upgrades include a replaced vapor barrier, a water softening and sanitizing system, and an advanced HVAC sanitizing system with ultraviolet lights in water lines and air ducts. You’ll also enjoy the benefits of a reverse osmosis water system for clean, fresh drinking water.
The pet-friendly unit includes a vinyl-enclosed lanai for added living space, a two-car carport, and a backyard patio perfect for relaxation or entertaining. With low maintenance fees and no lot rent, this home offers incredible value.
Conveniently located near shopping, restaurants, and just minutes from the airport, this home provides the perfect opportunity to embrace the active lifestyle in a well-maintained community. Don't delay!! No Damage from Hurricanes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$138,500
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 | $110,800 | $110,800 | $110,800 |
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 | $115 | $115 | $115 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $737 | $736 | $950 |
Total Monthly Payment | $927 | $926 | $1,140 |
* 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.