This easy to own Kentia is nestled in the South Village of Boca Bay on the charming island of Boca Grande in Southwest Florida. This coastal home features 3 bedrooms, 3 bathrooms, and a large garage. It is uniquely positioned to offer exceptional Gulf views from the master bedroom and sun deck, as well as nice tropical views in the back over the courtyard. Vaulted ceilings, plenty of glass and the open floor plan allow for a light and bright island feel. The award-winning community of Boca Bay features four large swimming pools, two Gulf front and two bayside, a fishing pier located in a coveted fishing spot on Charlotte Harbor, boat slips for weekly use, and a top-notch tennis program with a pro and organized play. The community’s social center is the Pass Club, a private membership dining and recreational facility with spectacular 180-degree views of Boca Grande Pass and the Gulf of Mexico. Call me to see this exceptional island retreat today!Boca Bay is a prestigious, gated community located on the tranquil island of Boca Grande, renowned for its natural beauty, historic charm, and relaxed coastal lifestyle. Situated on the southwestern tip of Gasparilla Island, Boca Bay offers residents a private and exclusive haven, combining the best of luxury living with the laid-back ambiance of island life.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,425,000
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 | $1,940,000 | $1,940,000 | $1,940,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $1,571 | $1,571 | $1,571 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,744 | $12,422 | $17,033 |
Total Monthly Payment | $14,439 | $14,117 | $18,728 |
* 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.