Stunning panoramic golf course and lake views abound. Light and bright best describe this lovely home. Interior features welcome you with beautiful wood flooring, statement fireplace, volume custom wood ceiling, updated kitchen and baths, spacious private primary suite, two en suite bedrooms and office could be used as a fourth bedroom. Living and Family rooms overlook the expansive lanai with large pool and spa that enjoys one of the best views in Pelican Bay. Perfect for outdoor living and entertaining. Exterior features include lush tropical landscape, circular paved drive and a new roof 2023. Pelican Bay is an amenity rich community. Residents enjoy three miles of beach with two private beachfront pavilions with restaurants, miles of walking paths, kayaks and canoes for resident use, tennis, pickle ball is coming soon and state of the art fitness center with spa. The Golf Club at Pelican Bay offers private membership. Centrally located between The Ritz Carlton Beach Resort and upscale Waterside Shops and Restaurants. This is the ultimate in Florida living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,450,000
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 | $4,360,000 | $4,360,000 | $4,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $2,195 | $2,195 | $2,195 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,279 | $27,918 | $38,281 |
Total Monthly Payment | $30,599 | $30,238 | $40,601 |
* 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.