Boater's Paradise right on Lemon Bay at a GREAT PRICE! Rarely Available 2 bed/2 bath CHARMING coastal condo with DEEDED BOAT SLIP (plus 8000lb LIFT) right on site! FULL WATER VIEWS of Lemon Bay with NO BRIDGES out to the ICW or Gulf of Mexico! Located among only 24 units in the Landings on Lemon Bay, this first floor condo is a GEM! The open floor plan includes a breakfast bar, pantry, separate laundry closet, living/dining room combo, beautiful LVP flooring throughout the entire home, screened-in front porch and a LIGHT & BRIGHT Florida Room with windows galore! Enjoy ENDLESS EVENINGS watching SUNSET after SUNSET as boats pass by knowing that the wooded area across Oyster Creek is a preserve, Cedar Point Park -- your background view will never be filled with buildings or structures! Spend your days BOATING & FISHING until your heart is content directly from your home -- head north to explore Stump Pass or south to enjoy the beautiful waters of Boca Grande and surrounding islands! Additional Perks of living in the Landings of Lemon Bay include your on-site deeded boat slip in protected boat basin with LIFT, ELECTRIC and WATER (maximum boat length of 28ft allowed in basin), covered carport with plenty of guest parking, large heated community pool with spa/hot tub, plenty of deck space for sunbathing, outdoor community grill and firepit. There is also a lot on common property where you can keep your boat trailer! Perfectly located minutes away from Historic Dearborn Street filled with favorite coffee spots, local restaurants, shopping, music & art festivals, weekly Farmers Markets and much, much more! Local beaches on Manasota Key and Englewood Beach are just around the corner, too! The ultimate coastal retreat! Call today for your private showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$624,000
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 | $499,200 | $499,200 | $499,200 |
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 | $380 | $380 | $380 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,448 | $3,363 | $4,246 |
Total Monthly Payment | $3,920 | $3,835 | $4,718 |
* 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.