This meticulously maintained courtyard villa home is in the desired community of CocoBay at Pelican Bay and offers over 3, 100 square feet of light-filled indoor space designed with functionality and comfortable living. The family room with volume ceilings is open to the kitchen area that connects to the living room and dining room. The large primary suite with separate shower, dual sinks and jetted tub is apart from the guest bedroom with guest bath. The third bedroom is in the private cabana for guests to enjoy with bath, kitchenette and closet space. The den and added flex room completes the comfortable living space in this warm and inviting home. Step outside and enjoy a pleasant, relaxing escape and room to host gatherings in the private screened lanai with pool, spa and the backdrop of lush greenery. The outdoor space also offers a separate, charming patio with landscape plantings, water feature and a raised garden bed for growing herbs and flowers. CocoBay enjoys first-class amenities that Pelican Bay offers its residents with easy access to the beach, coastal dining, recreational and biking paths, racquet facilities, fitness center, wellness center, kayaking and more. See why many love calling Pelican Bay home.
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Our Executive Mortgage Banker:
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$3,385,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,708,000 | $2,708,000 | $2,708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $711 | $711 | $711 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,564 | $17,340 | $23,963 |
Total Monthly Payment | $18,400 | $18,176 | $24,799 |
* 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.