Welcome to this beautifully maintained TURNKEY FURNISHED FIRST FLOOR END UNIT condo in the highly coveted Southbridge subdivision of Pelican Landing. Located in a X500 FLOOD ZONE! Enjoy the morning sunrise on the large lanai with an Eastern exposure overlooking a stunning lake view with fountain. This very spacious split bedroom floor plan features 1800+ square feet of living space with 2 bedrooms plus den, 2 bathrooms, and an attached 1 car garage. The den has double doors and is a perfect space for a home office, sitting room, or additional guest room! The renovated kitchen offers refaced white cabinets with soft-close drawers & doors, neutral corian countertops, marble tile backsplash, stainless steel sink, and newer GE slate grey appliances (2020). The kitchen is open to the living area and provides a breakfast bar and eat-in kitchen. There is also a separate dining area with plenty of space to entertain your friends and family. The great room features neutral plank tile flooring. The oversized primary suite has a large window overlooking the lake view plus sliders with access to the lanai. Additionally, there are 2 closets (1 very large walk-in) for all of your storage needs. The primary bathroom features a walk-in shower, separate tub, and long vanity with dual sinks. The finished laundry room has upper cabinets, a lower cabinet with a countertop, Maytag washer (2023) & dryer! Other notable upgrades: newer roof (2017), AC (2017), and newer water heater (2020). There are a few guest spaces available in close proximity to the property on the left side of the building. Southbridge condo fees include exterior insurance, cable & internet, water, landscaping & irrigation plus heated community pool & spa (largest in Pelican Landing), restrooms, outdoor kitchen & small library. Pelican Landing is an active gated community nestled along Estero Bay, offering 2400 acres of pristine lakes, preserves, and an abundance of amenities. Residents enjoy access to the sailing center, canoe and kayak launch, and a newly renovated private beach club scheduled to open at the end of 2024 with a shuttle boat service to a private 34-acre beach island on the gulf! Additional recreational amenities include: community center with fully equipped fitness center, 6 pickleball courts, 2 bocce courts, community parks & walking trails, boat ramp, and 3 fishing piers. Tennis enthusiasts will love the 12 Har-Tru courts at the tennis center, while the butterfly garden offers a peaceful retreat for nature lovers. The community also boasts the acclaimed Pelican's Nest two 18-hole Tom Fazio golf courses with optional social & golf memberships. This home provides the perfect blend of serenity and convenience, with easy access to all the community's world-class amenities and a prime location along the beautiful Florida coastline. Centrally located near Coconut Point Mall, Prado, Promenade, and all that US41 has to offer!
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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 | $519,920 | $519,920 | $519,920 |
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 | $412 | $412 | $412 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,591 | $3,503 | $4,423 |
Total Monthly Payment | $4,095 | $4,007 | $4,927 |
* 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.