Great Rebuild Opportunity in this 55+ Gated Community! Unlock the potential of this 2-bedroom, 2-bathroom villa with a 1-car garage, nestled in a peaceful and amenity-rich community. Recently impacted by FLOODING, this property has been Professionally REMEDIATED and is now ready for its next chapter. The condo association is overseeing a comprehensive rebuild, which includes but not limited to: brand-New Drywall, Fresh Paint, New flooring, Lower Kitchen Cabinets, Kitchen appliances (refrigerator, dishwasher, range, and disposal), New Entry Doors, Interior Doors, and Sliding Doors. Act FAST so as the future owner, you’ll have the exciting opportunity to select finishes, making this villa uniquely yours. Buyer(s) will assume the open insurance claim in coordination with the condo association. The Association is repairing flood damage to affected amenities. The community offers an unparalleled lifestyle with so many features: Tennis, pickleball, bocce, shuffleboard courts, 9-hole putting green, large pool, gym, sauna, and scenic walking paths. For social and recreational activities, two clubhouses feature facilities such as a library, pool table, card room, table tennis, and a spacious kitchen perfect for gatherings and entertaining. This is a rare opportunity to invest in a property with tremendous potential while enjoying the vibrant lifestyle this community has to offer. Don’t miss your chance to personalize and add value to this villa! For more information or to schedule a showing, contact us today. CASH only sale.
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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 | $240,000 | $240,000 | $240,000 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $186 | $186 | $186 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,617 | $1,595 | $2,024 |
Total Monthly Payment | $1,878 | $1,856 | $2,285 |
* 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.