Bright and Spacious 2-Bedroom Manufactured Home with Lake View in a 55+ Co-Op Community!
Welcome to 203 Palm Air Drive, a beautifully updated 2-bedroom, 2-bathroom manufactured home offering over 1, 400 sq ft of comfortable living space. Located in The Arbors, a sought-after 55+ co-op community in Osprey, FL, this home combines modern upgrades with serene lake views.
Step inside to find an open floor plan with ceramic tile flooring throughout, creating a seamless flow and easy maintenance. The spacious kitchen features updated appliances, a tile backsplash, and a convenient breakfast bar, making it perfect for entertaining or casual dining. In the dining room, the custom built-in cabinetry offers ample storage and style. The primary bedroom with an updated ensuite bathroom, provides a tranquil retreat. An exterior door was added in 2023 for enhanced safety. A second bedroom and updated bath provide ample space for your family and guests. Ceiling fans throughout the home ensure comfort year-round. Enjoy peaceful lake views from the air-conditioned patio/sunroom, which also includes a laundry area with sink, workbench and additional storage space. Newer sliders and heavy-duty Bahama shutters enhance both the aesthetics and security of this home.
Outside, a private paver patio offers a beautiful setting to relax or entertain by the lake. The home also boasts a newer AC unit (August 2022), hot water heater (2021), updated electrical, and a sturdy roof installed in 2016, ensuring worry-free living for years to come.
Residents of The Arbors enjoy a heated swimming pool, shuffleboard, and scenic lake views, all within a close-knit, active community. Just 10 minutes from the beach and close to shopping and dining, this home offers the ideal Florida lifestyle.
Don’t miss out on this charming, move-in-ready home in Osprey – schedule a showing today!
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Our Executive Mortgage Banker:
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$290,000
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 | $232,000 | $232,000 | $232,000 |
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 | $60 | $60 | $60 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,583 | $1,542 | $1,956 |
Total Monthly Payment | $1,718 | $1,677 | $2,091 |
* 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.