A timeless renovation and sophisticated design are found in this resplendent end unit treasure in Mansion La Palma within Bay Colony! Gorgeous flooring (no carpet), a redesigned new bright kitchen featuring quartz counter tops and new appliances as well as stylish lighting, fresh paint and numerous upgrades throughout create a harmonious balance in this spacious condominium. Three bedrooms, three full baths, walk in closets, plantation shutters, a great room floor plan, two deeded garage spaces, an expansive screened lanai to enjoy sunset views and two additional balcony areas for privacy are offered. The Mansion La Palma provides residents and their guests a private pool and spa as well as gas grills. A new roof has also been added to the condo building.
The Bay Colony Beach Club has undergone an extensive renovation in the past couple of years and affords residents an unsurpassed dining experience on the Gulf in the beautiful club as well as dining around the pool and outdoor bar area. The state of the art Bay Colony tennis facility is new and enviable. Bay Colony residents also have membership privileges in Pelican Bay and use of their fitness and tennis facilities and two beach front dining clubs located along the 2 1/2 mile private beach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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 | $2,396,000 | $2,396,000 | $2,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $1,530 | $1,530 | $1,530 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,540 | $15,342 | $21,037 |
Total Monthly Payment | $17,195 | $16,997 | $22,692 |
* 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.