FULLY REMODELED 2B/2B FURNISHED UNIT. RESORT STYLE LIVING. GOLF COURSE, MARINA, RESTAURANT, HEATED POOL & HOT TUB, GYM ON SITE. Welcome to Village III at Cove Cay, a gated community with 24/7 security on the water. Our furnished unit is a fully-renovated, 2-bed/2-bath condo on the second floor (two elevators nearby) with views of the inlet, where manatees and other wildlife can be spotted from the comfort of your screened in balcony! The condo is finished with laminate flooring throughout and tile in both bathrooms. The open concept layout allows for plenty of natural sunlight whether you're in the chef's-quality full kitchen (newer stainless steel appliances and granite countertops), the dining area with a 6-seater table, or the living area with a built-in entertainment center, electric fireplace, and 2 sofas. Off of the living area is the master bedroom which is also connected to the balcony and finished with a king bed, smart TV, and expansive master bath with a walk-in, tiled shower and wall jets. The guest bathroom is at the front of the condo. It has two twins and a tv, and a separate bathroom (not connected so easy access for visitors). The entire community is well maintained and the marina has jet ski and paddle board rentals! Storage units are also available for rental. Condo fees include include internet, cable, water, sewer, flood insurance, trash, recycle, and pool/hot tub maintenance. Reserved parking spot included & plenty of visitor parking available.
While the condo has not been rented year round (owner regularly stays) it has historically rented for $3-4. 5k/month depending on the time of year. Furniture is included in the list price but is not required. Third party management is available.
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Our Executive Mortgage Banker:
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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 | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $379 | $379 | $379 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,686 | $1,665 | $2,159 |
Total Monthly Payment | $2,140 | $2,119 | $2,613 |
* 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.