Welcome to Cortez Villas, an active 55+ community located a short distance from the beautiful beaches of Anna Maria Island. This 2 bedroom, 2 bath end unit features a combination living/dining room, office/den and kitchen that opens into a glassed in lanai. The living/dining room, den/office have new vinyl plank flooring and the kitchen, lanai and both baths are tiled. Condo 5 association allows pets and rentals (check with association for restrictions). The monthly fees include exterior and grounds maintenance, basic cable tv, internet, recreational facilities, insurance, trash, water and sewer. Feel free to join in the fun at the community clubhouse, pool and shuffleboard courts. Cortez Villas is conveniently located within an easy commute to Tampa International Airport (TPA), Sarasota/Bradenton Airport (SRQ), Interstate 75, shopping and dining destinations in Downtown Bradenton and Sarasota and the University Town Center (UTC), Village of the Arts, Riverwalk, area hospitals, a variety of nature preserves and historic sites.
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Our Executive Mortgage Banker:
Our Insurance Division:
$165,000
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 | $132,000 | $132,000 | $132,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $20 | $20 | $20 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $878 | $889 | $1,132 |
Total Monthly Payment | $973 | $984 | $1,227 |
* 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.