Immaculate 10th floor residence in Tower Pointe at Arbor Trace with the Gulf and sunset views year-round! Come home to enjoy an active lifestyle at Arbor Trace, a 55+ community. This spacious, light and bright 2 bedroom, 2 bath residence is move in ready - personalize as desired. Tower Pointe #1003 features an open galley kitchen, dining and living room - perfect for entertaining. Access your western-facing screened balcony from the living room, primary suite and guest suite for unobstructed gulf and bay views. Primary bathroom has dual vanities and a walk-in shower. Impact windows and electric storm shutters installed in balcony for peace of mind. This amenity-rich community offers a 36, 000 sq ft clubhouse with fine dining, heated pool and spa, putting green, horseshoe, shuffleboard, bocce, pickleball and tennis courts, educational and recreational activities and transportation for medical appointments, shopping and group outings. Other amenities exclusive to Tower Pointe are the 17th floor Top of the Pointe Club, a private fitness center, library, gathering room, billiards room, guest suites and on-site management. Housekeeping and maintenance services are optional. Dining options are included in the HOA fees. AC 2018. Water heater 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $392 | $392 | $392 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,281 | $4,226 | $5,840 |
Total Monthly Payment | $4,765 | $4,710 | $6,324 |
* 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.