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GREAT LOCATION! BEAUTIFUL 2 BEDROOM, 2 BATH CONDO IN THE WATERFRONT COMMUNITY OF BANYAN POINT! Easy access first floor unit with garden views. This ground floor condo has an open floor plan with tile flooring throughout the kitchen, dining, and great room. The kitchen has updated cabinetry and a custom built-in pantry not offered in the other units. Kitchen also features large breakfast bar with solid surface countertops. The living room is bright and spacious and opens up with sliding doors to the screened lanai. Large guest room with private hallway and full bath makes having Florida visitors a breeze. The primary bedroom features custom linen accordion blinds and walk-in California Closet system. The primary bath is also quite large with loads of cabinet space and dual sinks. One of the best features of this primary suite is the large glass doors that open directly outside to a patio and another set of glass door that open to screened lanai. Docks in Banyan Point are on a first come- first serve basis, however several are currently available for a minimal yearly fee of $387 Docks are 50 feet. Banyan Point Community amenities include a year-round community pool that is heated in the winter and chilled in the summer. Also noteworthy, Banyan Point is located in Punta Gorda Isles and owners qualify for PGICA, which is the Punta Gorda Isles Civic Association, offering over 30 special interest clubs and multiple classes, meetings, club gatherings, and entertainment membership (for a fee), along with being close to downtown and walking distance to Fishermen's Village and gorgeous parks and walking trails. Banyan Point is an extremely friendly community with monthly pot-luck dinners. Don't miss this opportunity! Schedule your private showing today!
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Phone: 888.699.8876
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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 | $212,000 | $212,000 | $212,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $265 | $265 | $265 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,305 | $1,393 | $1,760 |
Total Monthly Payment | $1,645 | $1,733 | $2,100 |
* 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.