OPPORTUNITY to purchase a home in this delightful boating community on the shores of the Peace River. With recent Hurricane damages take advantage of this Investor / End Buyer opportunity and take control of the repair / finishes you want in your home. This home has the frame work and an outdoor that has already being turned into a magical retreat. An open plan design with a large Florida room with three walls of windows overlooks the water and vastly increases your living space. Outside you'll find what you really came to Florida for - large open patio, Tiki hut, 50 foot Trex dock and nearly new 6, 000 pound lift with remote. Pelican Harbor is a pet friendly, active community boasting a heated pool, shuffleboard, yacht club and lounge. It's also a community where you own your own land - no park shares or lot rentals here. Cast off to cruise the idyllic Peace River and Charlotte Harbor, one of Sail Magazine's ten top cruising areas. Close to land-based amenities too. Shopping, restaurants and I-75 are just a couple of miles away. Won't you make this home the center of your active Florida lifestyle?
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$79,000
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 | $63,200 | $63,200 | $63,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $173 | $173 | $173 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $426 | $420 | $533 |
Total Monthly Payment | $674 | $668 | $781 |
* 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.