PRIME INVESTMENT OPORTUNITY!
Step into comfort and style with this inviting first-floor condo, perfectly located for easy living and convenience. 3 spacious bedrooms, 2 bathrooms, and thoughtful upgrades throughout, this home is ready for you to move in and make it your own. The area’s strong rental demand ensures high occupancy rates and long-term rental stability. Investors can have peace of mind knowing that the condo association will not be adversely affected by the new Florida Structural Integrity Reserve Requirements. This guarantees the structural soundness and longevity of the property, safeguarding your investment. Whether you’re looking to expand your portfolio or seeking a stable income property in a thriving community, this condominium checks all the boxes. With 1, 425 square feet of living space this home has generously sized rooms, ideal for family living, guests, or a home office. Enjoy sleek new cabinets and countertops, providing plenty of storage and counter space for your culinary creations. With ceramic tile throughout the entire home, beautiful ceiling molding throughout, In-unit Laundry and conveniently on the first floor! Located in a well-maintained community, this condo offers a peaceful retreat with quick access to shopping, dining, and major roads. Don't miss your chance to own this beautiful condo with modern updates and fantastic amenities. Schedule a tour today! shopping, dining, and major roads. Don't miss your chance to own this beautiful condo with modern updates and fantastic amenities. Schedule a tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$205,500
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 | $164,400 | $164,400 | $164,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $201 | $201 | $201 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,094 | $1,080 | $1,386 |
Total Monthly Payment | $1,370 | $1,356 | $1,662 |
* 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.