This Coastal Cottage home in Pelican Bay blends elegance with modern comforts. With three bedrooms with en suites, the Lugano home features elements like shiplap walls and high-end finishes. The primary bath is complete with a walk-in shower and freestanding tub. The living area exudes warmth with its wood-paneled vaulted ceilings and skylights that flood the space with natural light. A built-in wall with a fireplace adds character and charm. The updated kitchen opens onto lush gardens and the pool. Each bedroom offers privacy and serene views with impact-resistant glass windows and sliders throughout. Additional highlights include a two-car garage, gas pool and spa heater, tankless water heater, all with a seamless flow between indoors and outdoors, making this home a gem in Pelican Bay. Pelican Bay amenities include private beaches, beachfront restaurants, beautiful sunsets, racket sports, fitness center, walking trails and more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,550,000
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 | $2,040,000 | $2,040,000 | $2,040,000 |
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 | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,319 | $1,319 | $1,319 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,231 | $13,062 | $17,911 |
Total Monthly Payment | $14,675 | $14,506 | $19,355 |
* 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.