Great opportunity to purchase nicely updated, turnkey furnished, second floor condo in building 6 in a very desirable area of Englewood. The condo has 2 bedrooms, 2 bathrooms, indoor laundry, and a screened in lanai, with over 1000sf feels like home. This could be a great second home or investment property. Short term rental allowed. The location is perfect for it, less than 3 miles from Englewood Beach and other beaches near by. Palm Manor, has a beautiful heated swimming pool, clubhouse, tennis courts, shuffle board, bocce ball and much more! In addition to a number of beautiful beaches close by, you will find a variety of dining and shopping options. The condo has available storage on the lanai for your beach accessories. whether you love to fish or golf, this area has it all. The condo's bright interior and open floorplan makes it a great place to relax or entertain friends and family. In recent years condominium was updated with new roofs and windows so no worries there. Are you ready to enjoy the Florida Sunshine? Request a showing today!
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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 | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $66 | $66 | $66 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,100 | $1,073 | $1,354 |
Total Monthly Payment | $1,241 | $1,214 | $1,495 |
* 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.