Welcome to Terrace Park of Five Towns. A 55 plus community with six pools, tennis courts, fitness center, shuffleboard, 2 club houses, car wash and so much more. Featuring a beautiful, TURN KEY, renovated 2 bedroom, 2 bathroom, first floor condo that incurred no storm damage during Helene and Milton. The snow bird owners are including all newer and barely used furniture, art work, dish ware, small kitchen appliances, etc. The living room furniture is high-quality Broyhill and Lazy Boy, and the home features newer light fixtures throughout. Covered parking space is conveniently located directly in front of the unit. Step inside to the spacious living room and dining room boasting luxury vinyl flooring installed in 2018. Other updates include Hurricane Impact Windows (2017), Refrigerator, Dishwasher, Microwave (2018), AC Halo air filtration system (2023) and Bathroom updates (2019). Additionally the popcorn ceiling was removed and the HVAC system is WIFI controlled. The spacious owners suite offers a walk-in closet boasting water views. Kitchen is equipped with a gas range, reverse osmosis system and each cabinet has pull out drawers offering plenty of convenient storage. Near the kitchen discover a very large laundry room equipped with a utility sink and built in storage cabinets. Beyond the kitchen you’ll find an additional eat in dining space and sitting area. Step out back onto your private screened in lanai with picturesque water views. Enjoy an active lifestyle with plenty of walking trails and endless community activities. Centrally located just a short drive to the beach, shopping and restaurants, this condo is the perfect place to call home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
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 | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $300 | $300 | $300 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,330 | $1,364 | $1,728 |
Total Monthly Payment | $1,705 | $1,739 | $2,103 |
* 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.