Stunning and unique first floor coach home in Palm Colony with separate Guest Cabana bedroom and bath and private entry, making this condo home 3 bedrooms, 3 baths. This condo has been freshly painted, new carpet in two bedrooms, steamed tile and grout cleaning and glass enclosed Lanai making it one of the largest first floor units U/A/C in Palm Colony. There are only 4 floor plans like this in all of Palm Colony and when one comes available, they are usually snatched up quickly. The separate Guest Cabana has its own entry and guests staying in the Cabana can come and go without disturbing the rest of the household. Lovely open Living room Dining room with Lake and fountain views and fabulous sunsets! Huge Master suite with large walk in closet and open to the enclosed Lanai and lake views. The Master bath has it all with his & her sinks, soaking tub and fully tiled walk in shower. The second bedroom has total privacy with adjoining guest bath and sliders to the screened in courtyard. Guests can enjoy their morning coffee on the courtyard without disturbing the household. Palm Colony is the only condo community in Pelican Landing with two heated pools & spas and cook out areas. If you are a Tennis buff, this is your perfect location right across from the Tennis courts. Pelican Landing is situated on 2400 acres west of U. S. 41 nestled along Estero Bay. Pelican Landing has the most amenities for the lowest master HOA of any community in Lee or Collier counties. Offering a 34 acre Private Beach Island with attendants to set up beach chairs and umbrellas, restrooms, showers, private beach pavilion, and Beach shuttle to and from the island. 12 Tennis courts with Full time Tennis director, state of the art Fitness Center, Bocce ball, Pickleball, and miles of jogging and biking trails. A children's playground, and Kayak and Canoe Park for kayaking down Spring Creek to the bay and gulf. Your Florida home awaits. . . . .
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $428,000 | $428,000 | $428,000 |
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 | $668 | $668 | $668 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,956 | $2,884 | $3,641 |
Total Monthly Payment | $3,716 | $3,644 | $4,401 |
* 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.