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This turnkey, second-floor condo is accessible by a semi-private elevator and offers lagoon views on two sides, providing a quiet retreat in Burnt Store. The open floor plan brings in plenty of natural light and offers flexible space that can be used as a family room, living room, or dining area. Two sliding doors lead to the 400 sqft lanai across the back of the condo that is perfect for relaxing or entertaining. The kitchen includes a large island, pantry, and plenty of cabinetry for storage. The master suite has sliding doors to the lanai and views of the surrounding area. The master bath features double sinks, a soaking tub, a walk-in shower, and a large walk-in closet. The guest wing has two bedrooms with Brazilian cherry floors and an updated bathroom with a vessel sink and a tiled walk-in shower. Residents have access to the island pools on Sunset Key, just a short walk across footbridges. There’s also a waterfront path around Prosperity Point for those who enjoy walking. Burnt Store Marina offers a range of amenities, including two restaurants, a ship’s store, tennis, pickleball, a fitness center, a 27-hole golf course, and the largest deepwater marina in Southwest Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $453 | $453 | $453 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,890 | $2,890 | $3,683 |
Total Monthly Payment | $3,435 | $3,435 | $4,228 |
* 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.