393 N Point ROAD, #503, Osprey, FL, 34229 | $798,000

This condo in Meridian at The Oaks Preserve is an excellent choice! Enter through the secure foyer and take the private elevator to the fifth floor where you will find this charming 3 bedroom, 3 bath residence with dining room and two under the building parking spaces. Beautifully cared for, it is situated overlooking the Preserve and surrounding lush foliage, and offers good water views. The interior is open and neutral, with lots of natural light. This unit is waiting for you to come and put your decorating touches on it and make it uniquely your own. This condo offers the space for year-round living, or to use as a welcoming winter retreat, with room for family and friends to visit. Wouldn’t it be lovely to sit on the private terrace and watch the setting sun paint the sky with color as another perfect day comes to an end? The building is a short walk to the Meridian residents-only fitness room, spa and heated pool. And, as members, you can take advantage of everything else The Oaks Club has to offer; two championship golf courses, 12 HAR TRU tennis courts (4 lighted), croquet and pickleball courts, a state-of-the art fitness center, junior Olympic community pool, and a wide variety of dining and recreational options and social activities. Membership is required with homeownership.

Features

  • Elevator: Y
  • Heating: Heat Pump
  • Cooling: Central Air
  • Levels: 9
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: MERIDIAN AT THE OAKS PRESERVE
  • Year Built: 2001
  • Common Charge: $1,055 Quarterly
  • Approx Sq. Feet: 2,203
  • Est. Taxes: $3,210
  • Condo Fee: $5,352 Quarterly
  • Elem. School: Gulf Gate Elementary
  • Middle School: Brookside Middle
  • High School: Riverview High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Microwave
  • MLS#: A4589564
  • Days on Market: 164 days
  • Website: https://www.raveis.com
    /prop/A4589564/393npointroad_osprey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/14/2024 2:32:16 PM)

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393 N Point ROAD, #503, Osprey, FL, 34229

$798,000

Tracy Biermann - Slope to Shore

Sales Associate

William Raveis Real Estate

Phone: 413.896.9865

Tracy.Biermann@raveis.com

John Carlos Machado

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.604.0905

JohnCarlos.Machado@raveis.com

NMLS Mortgage Loan Originator ID 2064879

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $638,400 $638,400 $638,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.518%
Monthly Tax Payment $268 $268 $268
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,355 $4,243 $5,474
Total Monthly Payment $4,715 $4,603 $5,834

* 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.