Serene. Sunny. Nestled among the palm trees. "1" stack condo (#201) at The Heron in Pelican Bay. Walls of windows provide a natural canvas and fill the residence with light. Very spacious floor plan. The kitchen and three baths were recently updated. The Heron is a boutique-style, pet-friendly building, provides a sense of exclusivity, with only 40 residences - only two residences per floor. Amenities include two guest suites, on-site management, a resort pool and spa, and a private gym. The Heron has a flood-wall paneling system to help mitigate flooding during hurricanes, according to the owner. Owners at the Heron enjoy a private pool, fitness room, social room and guest suites, along with Pelican Bay's world-class amenities, two beach pavilions with chair service and dining, tennis, wellness center and more. Pelican Bay has World-class amenities, importantly and distinctively . . . Adjacent to the building, a marvelous Pickleball and Tennis Court. Of course, Pelican Bay has the area's ONLY PRIVATE BEACH with BEACHFRONT DINING, two tennis centers and a State-of-the-Art Fitness Center.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | $822 | $822 | $822 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,519 | $7,238 | $9,953 |
Total Monthly Payment | $8,466 | $8,185 | $10,900 |
* 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.