You’ll love it here!! This premier condo-plex is well managed and well maintained and it shows! Condo fees are below $400 monthly, the requirements for the Building Safety Act have been met, and there are NO pending assessments at this time! The Promenades East Condo Association has been awarded the Business Hall of Fame - Best of 2023 award and the onsite manager/maintenance personnel team are professional and experienced. This is NOT an age restricted community and there is NO ‘minimum years of ownership’ requirement to lease if you’re an investor!
You’ll love your new home, and it comes COMPLETELY furnished!! That’s right, EVERYTHING stays - you won't be lacking a thing - just bring your suitcase and your family! Recent upgrades include NEWER kitchen appliances which make cooking a delight, HURRICANE SHUTTERS protect your new home during a storm, and the decorative EPOXY flooring on the lanai is not only attractive, but also easy to maintain! You will love the kaleidoscopic sunset sky from the PRIVACY of your fourth-floor balcony which is high and dry during any storm! Original owners loved their condo, and their pride of ownership shows: the AC and Water Heater are in great working condition, storage spaces have been maximized with shelving, kitchen and bathroom receptacles have been upgraded to GFCI, the quality Berber carpet is clean and well-maintained, AND your own covered parking space is near the SECURE elevator lobby!! Don’t forget the gorgeous, HEATED POOL, spacious SPA, and loads of fun activities in the spacious clubhouse as well!
You’ll love the location too!! Charlotte Harbor is close by, beautiful Fisherman's Village with its quaint shops and water-front restaurants is just across the river, and the outstanding Allegiant Sunseeker Resort is open for business! Golfing, beaches, churches, and medical facilities are all within reach, and easy access to I-75 allows you to catch a flight from Punta Gorda Airport when you need a change of scenery . . . don’t take a chance on losing what you could be loving - make an appointment to see it today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$175,000
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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $196 | $196 | $196 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $931 | $931 | $1,191 |
Total Monthly Payment | $1,202 | $1,202 | $1,462 |
* 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.