This attractive second-floor condo has stunning three-sided lake views from the expansive and enclosed Lanai, as well as every room in the unit. Offered as a beautiful turnkey property, it includes all essentials for a comfortable start in your new home. This condo was completely renovated in 2018. Notable updates include beautiful porcelain plank tile flowing through main living area and bathrooms, new carpet in the bedrooms, granite countertops in kitchen, and bathrooms, kitchen cabinets with crown molding, refaced in shaker style, and stainless pattern back splash in the kitchen. In addition, three sizeable drawers for smaller appliances and larger pots/pans have been added. You will feel safe from the elements with the impact glass in the primary bedroom, the living room and the sliding lanai doors. Storm Smart shutters have been installed in the kitchen and guest room for added protection. The spacious owner's suite features direct lanai access and picturesque lake vistas. The en-suite bathroom is equipped with a step-in shower, dual sinks, and a spacious walk-in closet. Additional features include a large pantry, a utility closet and a sizeable breakfast nook, which could also be used as a den or home office. In 2018, the Condo Association updated all roofing. Fountains V, set in a serene neighborhood, offers well-maintained grounds, two community pools, and a variety of social activities, all with reasonable association fees that cover cable and water. Its prime location features access to many conveniences including the Hibiscus Golf Course just a block away, proximity to US 41 and the Shoppes at Hammock Cove within a mile, and it's only five miles from downtown Naples, renowned for its pristine beaches, gourmet dining, and sophisticated shopping.
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Our Executive Mortgage Banker:
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$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** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $97 | $97 | $97 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,752 | $1,728 | $2,193 |
Total Monthly Payment | $1,924 | $1,900 | $2,365 |
* 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.