Rarely available Great Room floorplan in the sought after community of The Cottages at Pelican Landing. This home is the perfect size for your Florida home, not too big and just the right size when company comes. The 2 spacious bedrooms are very private and the Den/office can also work as a "spill over" guest bedroom when needed. Everyone wants Southern exposure for the pool area to have sunlight all day long and this home has golf preserve views with Southern exposure! Master suite is huge with tray ceiling, crown molding and sitting area and two large walk-in closets. And the Master bath is a spa like setting with his and her separate vanities and make-up area. Fully tiled Master shower and separate soaking tub. The separate Guest bedroom has adjoining bath and offers total privacy for your guests! The Den/office provides privacy for the owner working on business calls and has a sleeper sofa for those overflow guests. Formal Dining is great for those large family holidays or neighborhood get togethers and the Breakfast area is perfect for those regular days when the convenience of the adjoining dining area is close to the Kitchen. The Gourmet in the family will love this kitchen with the ever-popular sunny white cabinets and Corian counters with plenty of storage. All cottage homes have one side yard that is theirs and you can design it as you want it to be either hanging orchids all around and make it your own orchid jungle or a more planned landscaped area with lounge chairs and umbrella table for additional living area, you decide. Pelican Landing is a 2400 acre community nestled along US 41 and the Estero Bay. Pelican Landing has the most amenities for the lowest master HOA of any community in Lee or Collier counties. Pelican Landing is the only community that owns its own 34 acre private Beach Island with private boat shuttle to and from the island and attendants to set up the beach chairs and umbrellas. Also include in the amenities are 12 Tennis courts with a Full time Tennis director, state of the art Fitness Center, Bocce Ball, Pickleball, Canoe and Kayak Center and miles of biking and jogging trails. Pelican's Nest Golf Club has 36 holes of Championship golf designed by Tom Fazio and there are Golf and Social memberships available with a short wait list. Brand new roof in 2023.
Your Florida home awaits. . . . .
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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 | $860,000 | $860,000 | $860,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $1,037 | $1,037 | $1,037 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,722 | $5,578 | $7,610 |
Total Monthly Payment | $6,884 | $6,740 | $8,772 |
* 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.