Burning Tree in Bonita Bay is an intimate neighborhood that captures the charm of old Florida. Quaintly nestled among mature oak trees, this home features two bedrooms, a den, and two updated bathrooms. The kitchen has been recently updated with white wood cabinets, granite countertops, and a built-in desk with additional storage. The volume ceilings add to the spacious feel of the casual dining room and great room, which opens up to an oversized lanai, where you and your guests can enjoy the peaceful atmosphere of the garden-like backyard. The spacious main bedroom offers access to the lanai through sliding glass doors and includes an updated main bathroom. Adjacent to the great room is the den, while the guest bedroom is located down the hall with a full bathroom, providing privacy for your guests. The home has impact glass windows and roll-down hurricane protection on the lanai. Additionally, there is a two-car garage for storing your toys and tools. The Burning Tree neighborhood provides a heated swimming pool with a pavilion. You can easily walk to nearby restaurants and attractions like the Promenade, Publix, and Bonita's famous Farmers Market. Bonita Bay boasts miles of hiking and biking trails, three waterfront parks for canoe and kayak access, a private marina with an onsite restaurant, a private beach club, and numerous activities. Optional membership to the Bonita Bay Club offers access to three championship golf courses, dining, a fitness center, a tennis and pickleball complex, a resort-style pool, and much more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$539,000
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 | $431,200 | $431,200 | $431,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $195 | $195 | $195 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,905 | $2,866 | $3,636 |
Total Monthly Payment | $3,192 | $3,153 | $3,923 |
* 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.