Welcome to this beautifully serene waterfront condo in Placida, Florida, offering the perfect combination of comfort and luxury. This spacious 1-bedroom, 1-bath unit is an ideal second home or investment opportunity, providing a slice of paradise just steps from the marina and Intracoastal Waterway. As you step inside, you'll be immediately drawn to the inviting living space that seamlessly connects to your private lanai. Enjoy breathtaking sunsets and serene views of the Intracoastal Waterway—the perfect backdrop for relaxing after a day spent exploring nearby sandy beaches or enjoying local dining. The home’s tranquil atmosphere makes it a true retreat. One of the highlight features of this condo is the Palm Island Resort membership, which is fully paid for by the seller upon purchase, providing you with exclusive resort-style amenities year-round. This includes access to pristine private beaches, exceptional dining at Rum Bay Restaurant, and a convenient boat ferry to the island. Whether you're enjoying a day at the beach or indulging in a delicious meal overlooking the water, the resort offers a relaxed, luxurious lifestyle. For those who love the water, the on-site marina offers plenty of opportunities for boating, fishing, and simply unwinding. With deep-water slips and boat storage available, it’s easy to access the water anytime. Located in the highly sought-after Harbortown Village community, this condo is VRBO-friendly, making it an excellent choice for generating rental income when you're not enjoying it yourself. Additionally, pets and guests are welcome, so you can enjoy the relaxed Florida lifestyle with family and friends. This condo also features a new HVAC system, access to a community pool and spa, and a pavilion for gatherings—perfect for enjoying the Florida sunshine and socializing with neighbors. Don’t miss out on this rare opportunity to own a piece of waterfront paradise in Placida, with the added benefit of an exclusive Palm Island Resort membership. Whether you're seeking a peaceful second home or an investment property in a prime coastal location, this condo offers endless possibilities for 2025 and beyond!
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Our Executive Mortgage Banker:
Our Insurance Division:
$295,000
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 | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $331 | $331 | $331 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,550 | $1,569 | $2,007 |
Total Monthly Payment | $1,956 | $1,975 | $2,413 |
* 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.