LOWEST PRICE CONDO IN BURNT STORE MARINA! This affordable, turnkey 3rd floor (building has an elevator) condo can be YOUR escape from the cold and snow. Just bring your toothbrush, clothes and don't forget your swimsuit for swimming in the Rudder Club pool! Bring Fido or Mittens because there are NO PET RESTRICTIONS FOR OWNERS! A fully equipped kitchen makes it so easy to just move right in. The living area includes a dining table, comfy couch/furniture, a large flat screen TV and French doors to the lanai. It is tiled and has wall to wall windows that open and screens so you can enjoy it in any weather. The owner's bedroom also has a flat screen TV, but you might be more entertained by watching golfers on the Burnt Store Marina golf course which it overlooks. If you want a closer look at that golf shot, this BR has its own door to the lanai where you can relax and enjoy our fabulous sunny southwest FL winters. Burnt Store Marina is a gated community with a guard at the gate. The Safe Harbor Marina within the community is one of the largest deep water marinas on the Gulf Coast. You can keep your boat there in a wet slip or 3 story dry boat storage (extra cost). If you don't own a boat you can rent one or join the Freedom Boat Club located at the marina. There is a fitness club and a 27 hole golf club (extra cost for membership), and 3 restaurants! Cass Cay is a full service restaurant that has indoor and outdoor bars and table seating, and frequently has live music. The marina deli is great for a quick bite and has a ship store, and the golf club has a restaurant too. Nearby Punta Gorda has even more great restaurants, every day shopping, weekend farmers market and has its own airport with Allegiant jet service to over 40 destinations. A one time $2500 capital contribution is charged to buyer at closing. Consider this fair warning that you may feel guilty enjoying our warm sun when your northern friends are shivering under rainy gray skies and shoveling snow, but you can always invite them down to stay a few days in your guest bedroom!
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William Raveis Real Estate
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 | $176,000 | $176,000 | $176,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6..375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.623% |
Monthly Tax Payment | $168 | $168 | $168 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,201 | $1,170 | $0 |
Total Monthly Payment | $1,444 | $1,413 | $243 |
* 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.