First class waterfront living on this protective barrier island surrounded by a new state-of-the-art 190 slip marina. This residence located in a desirable upscale, low-density community is move-in ready to personalize with your choice of furniture and décor. Recent hurricane resilient improvements include all new impact glass windows and floor to ceiling lanai sliders, new roofs on all structures, and the modernization of all elevators has begun. The Florida friendly landscape master plan for the Island is nearing completion. All Florida mandated structural, maintenance, and financial reports are completed including the Milestone and SIRS Reports. ALL IMPROVEMENTS ARE FULLY FUNDED/NO SPECIAL ASSESSMENTS. THE NEWNESS OF THIS COMMUNITY IS READY FOR YOU TO ENJOY. Sunrise/sunset and Gulf and Bay views. From the eastern terrace watch the sunrise. Be amazed at the year around sunsets from the western lanai. The open floorplan provides great space for entertaining. The large owner's suite features multiple organized closets, a spacious bath with a Jacuzzi tub, shower, 2 separate sink areas, and private commode. Ensuite quarters for your guests, a den or 3rd bedroom add to this well-thought-out open floor plan. Two pools and spas each with 2 gas grills are along the western island perimeter. Lots of open parking in addition to the deeded space for an extra car and for your guests. Bike rooms and air-conditioned storage for each unit. Just steps away is the award-winning Pelican Isle Yacht Club. In addition to many social activities the optional membership includes a pool and spa, tennis, pickle ball, bocce, fitness center, kayaks, paddleboards, dining, plus a boat shuttle…an ideal lifestyle for boaters as well as non-boaters.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,100,000
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 | $1,680,000 | $1,680,000 | $1,680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $685 | $685 | $685 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,177 | $10,757 | $14,750 |
Total Monthly Payment | $11,987 | $11,567 | $15,560 |
* 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.