The affordable vibrant 55+ community of Riverwood offers an inviting atmosphere for those seeking relaxation and adventure. Residents enjoy exclusive Gulf of Mexico access via a private boat ramp, making it the ideal spot for boating and fishing along our serene backwaters and white sandy beaches of The Gulf of Mexico. This impeccably maintained 2017-built home features 3 bedrooms and 2 bathrooms, thoughtfully designed to provide both comfort and style. Situated on a oversized corner lot, the home offers enhanced privacy and generous outdoor space. Inside, the light and bright open-concept floor plan creates a pleasant atmosphere. The kitchen is a culinary dream with sleek modern appliances, ample counter space, an island and sophisticated cabinetry. The massive Owner's Suite is fully equipped with a walk in closet and a bathroom most dream of. Exterior features of the home are a tall oversized carport perfect for boat storage that includes a spacious locked storage room and a large 16’ x 18’ screened-in porch, ideal for all types. At 7. 5 feet above sea level, this property is among the highest-sitting homes in the community, providing added reassurance and peace of mind. Riverwood isn’t just a place to call home—it’s a way of life. Owning the land makes for Low HOA fees and no lot rents. Membership to the community pool enhances the relaxed lifestyle of the community. Additionally, the location places you within a short drive of Marco Island’s world-famous beaches, Naples’ pristine coastline, and the vibrant downtown Fifth Avenue South. Don’t miss the chance to experience this exceptional home and community while discovering a lifestyle that combines comfort, charm, and adventure!
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Our Executive Mortgage Banker:
Our Insurance Division:
$389,000
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 | $311,200 | $311,200 | $311,200 |
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 | $364 | $364 | $364 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,044 | $2,068 | $2,624 |
Total Monthly Payment | $2,483 | $2,507 | $3,063 |
* 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.