VERY DESIRABLE Palms of Long Bayou located across from the amazing clubhouse!!! This beautiful 2 bedroom, 2 bath has been updated and features a large 26’x16’ screened balcony with a WATER VIEW offering plenty of space for entertaining. The kitchen offers granite counter tops, custom cabinets with an immense amount of storage, large pull-out pantry drawers and a tile floor. Convenient in unit stackable washer and dryer!! The kitchen flows nicely into the spacious dining room-living room area boasting wood flooring, new fans and large sliders to your gorgeous, oversized balcony. The master bedroom features a large 7’ x 5’11” walk-in closet with built-in shelving, plush carpet, new ceiling fan and a private sliding glass door onto the balcony. The en-suite bath offers a fully tiled walk-in shower, granite counter tops, tile floor and a linen closet. Additional guests will feel welcome and be afforded privacy via a split bedroom plan. The 2nd bedroom features a large closet with built-in shelving, fan and carpet. The 2nd bath has ceramic tile flooring and a tub/shower combo with built-in shelves. To top it off the unit comes with a sought after covered end spot parking space. The Palms have a financially strong association with fully funded reserves and have not had an assessment for over 16 years! Unfortunately, no pets are allowed. The building exterior was freshly painted, paved areas resurfaced, and the roof replaced in 2019. The unit is within a short distance to the amenities, which offer a fitness center, heated pool, tennis/pickleball courts, shuffleboard, bocce courts, a clubhouse with kitchen facilities, library, and an auditorium! The community is gated with a 24-hour guard. Shopping, restaurants, the New Seminole mall are less than a mile and you can have your feet in the sand at the beach within 15 minutes. Condos in the Palms of Long Bayou rarely come available so call today for your showing!
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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 | $212,800 | $212,800 | $212,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $330 | $330 | $330 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,398 | $1,414 | $1,795 |
Total Monthly Payment | $1,803 | $1,819 | $2,200 |
* 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.