AMAZING INVESTMENT OPPORTUNITY - Luxury condominium with water view located in the gated, amenity-rich community of GRAN PARADISO less than one mile from DOWNTOWN WELLEN PARK. OPEN FLOOR PLAN consists of a large living and dining area open to the kitchen, and expansive lanai with a water view. The spacious primary suite features double, oversized WALK-IN CLOSETS, ensuite with dual sinks, walk in shower, garden style soaking tub and water closet. The SPLIT FLOOR PLAN separates the 2nd and 3rd bedrooms, bath, and laundry. The kitchen is well equipped and boasts ofstainless-steel appliances, stainless steel sink, solid wood 42” upper cabinets, brushed nickel hardware, breakfast bar and breakfast nook. Coffered ceiling, decorative molding, tile floors set on the diagonal, separate laundry room, IMPACT RATED WINDOWS throughout (no need for shutters!) and IMPACT RATED GARAGE DOOR are just some of the many upgrades that add ambiance and function to the home. The THREE-CARTANDEM GARAGE also has ample space for golf cart, workshop or hobby area! ADDITIONAL STORAGE located under stairway as well as attic. RECENT UPDATES and maintenance include - Roof Inspection with added insulation (2023), Roof Cleaned (2023), New Landscaping (2024), Lanai Painted (Jan 2024). Gran Paradiso offers a resort pool with zero entry, fitness center, walking trails, billiard / poker game room, library, grand Tuscan inspired clubhouse with spa, sauna, steam room, tennis courts, pickleball, playground and function rooms. Clubs and organizations abound and can be accessed through the full-time activities’ director. The quarterly dues include cable and internet, landscaping maintenance, irrigation and landscape pest control, and exterior building maintenance. Annual CDD is included in taxes. Gran Paradiso is located in the WestVillages District of Wellen Park and is less than a short one-mile walk, bike ride or golf cart ride to the new Downtown Wellen Park with unique shops, fine restaurants, Sunday Farmer’s Market, Friday night live entertainment on the green and more! To be sold FULLY FURNISHED / TURNKEY
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Our Executive Mortgage Banker:
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$384,900
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 | $307,920 | $307,920 | $307,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $562 | $562 | $562 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,101 | $2,047 | $2,597 |
Total Monthly Payment | $2,738 | $2,684 | $3,234 |
* 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.