Move in Ready! Experience breathtaking Gulf of Mexico views from every room in this stunning 11th-floor condo at Tower Pointe, a sought-after 55+ active adult community within Arbor Trace. Unit 1105 is now available and offers an open, inviting space with 2 bedrooms, a den, and 2 bathrooms perfectly designed for comfort and style. The condo is beautifully furnished in serene coastal blues and whites, with abundant natural light streaming through the large windows. Enjoy the spectacular Gulf views from the spacious master bedroom, which features a walk-in closet, an additional closet, and direct access to the expansive screened-in lanai. The guest bedroom also offers generous closet space and its own screened-in balcony to take in the sights and sounds of the outdoors. The condo is equipped with a washer/dryer and electric hurricane shutters throughout for peace of mind. It also includes a 1-car garage (K4) with ample guest parking for visitors. Tower Pointe residents enjoy a wide array of amenities, including a fitness center, group classes, swimming, tennis, fine dining, educational and recreational activities, as well as transportation services for medical appointments, shopping, and group outings. Optional housekeeping and maintenance services are available when needed. Arbor Trace also provides 24/7 emergency monitoring, personalized attention, and a high level of privacy—making it an ideal place to retire or downsize. Additionally, inquire about the future option to transition to the adjacent Arbor Glen Assisted Living property should your needs change down the line. A perfect blend of luxury, convenience, and care in a vibrant community!
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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 | $748,000 | $748,000 | $748,000 |
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 | $506 | $506 | $506 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,039 | $4,852 | $6,671 |
Total Monthly Payment | $5,637 | $5,450 | $7,269 |
* 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.