Looking for your winter retreat or resort style living? Then you need to tour this exceptional lake front 3 bedroom, 2 bath condo in the community of Terrace II at Heritage Landing. Nestled in a quiet community in Punta Gorda with spectacular lake views, this condo offers open floor plan with living, dining, and spacious kitchen with island and breakfast bar that opens to the main living area for easy entertaining. Wall to wall sliders provide lots of natural light to flood the living area creating a bright and open atmosphere. You will notice the tastefully appointed features such as fresh color accent walls with bench rails and crown molding throughout, custom mural in dining room, new decorator light and fan fixtures, upgraded closets, blinds throughout, and the list goes on! The kitchen is a culinary enthusiast’s dream with stainless appliances, granite counters, pantry, warm wood cabinetry, and island with breakfast bar. The master bedroom has a walk in closet and private en suite bath with his and hers sinks, custom tiled shower, granite counters, and wood cabinetry. 2nd bedroom also has a walk-in closet providing ample storage, and 3rd bedroom has private access to the 2nd bathroom providing privacy for you and your guests. You will enjoy relaxing on your balcony overlooking the beautiful lake and golf course (11th hole) and watching the waterfowl and wildlife unique to SW Florida. As an added bonus, GOLF MEMBRSHIP IS INCLUDED IN THE SALE OF THIS CONDO! Other key features include impact resistant windows, dedicated laundry room with washer & dryer and overhead cabinets, assigned covered parking, and public water & sewer service for convenience and reliability. Plus, you can walk right across the street to the Terrace’s heated pool or head over to Heritage Landing’s heated pool and spa for year-round enjoyment. Other amenities include club house, state of the art fitness center, full service spa offering massages, manicures, and pedicures; 24 hour guarded gate, golf course, tennis, pickleball, bocce courts, tiki bar with full menu and entertainment, and beautifully landscaped grounds and lakes. This community has many walking and bike paths for enjoying the beautiful surroundings. Proximity to local waterways and beaches, dining, shopping, and golf courses makes this property ideal for the Florida lifestyle. Also, easy access to public boat ramps providing access to many waterways including beautiful Charlotte Harbor, the Peace and Myakka Rivers, and the Gulf of Mexico. And you are minutes to historic downtown Punta Gorda and popular Fishermen’s Village with quaint shops and cafes. So, don’t wait to start enjoying your piece of Florida paradise!
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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 | $276,000 | $276,000 | $276,000 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $414 | $414 | $414 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,859 | $1,834 | $2,328 |
Total Monthly Payment | $2,348 | $2,323 | $2,817 |
* 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.