Price Refreshment!!! Gulf views abound from this 12th floor unit in Tower Pointe at Arbor Trace! This 2 Bed/2 Bath home boasts just under 1500 square feet. Enjoy mangroves and endless water views as you prepare meals in your galley kitchen with granite countertops. Watch for birds and boats from your private screened terrace with electric storm shutters. Arbor Trace with its bounteous amenities, is an active senior living community. Revel in views at the 17th level Top of the Pointe Club overlooking the Little Hickory Bay and the Gulf, private fitness, library, guest suites and on-site management. Enjoy the 36, 000 sq ft Clubhouse with fine dining, pickleball, educational and recreational activities, bocce, pool & spa, shuffleboard, transportation for medical appointments/shopping/group outings. Housekeeping and maintenance services are optional and at your fingertips with round-the-clock emergency monitoring for all. Arbor Trace is 100% equity ownership independent living. Arbor Glen, the credentialed Assisted Living Residences is on-site.
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,900
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 | $759,920 | $759,920 | $759,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.000% | 7.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.128% | 7.167% |
Monthly Tax Payment | $308 | $308 | $308 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,184 | $5,056 | $6,830 |
Total Monthly Payment | $5,584 | $5,456 | $7,230 |
* 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.